Westpac Bank and all banks in the Westpac group, including St George Bank, Bank of Melbourne and BankSA, have ceased lending to all foreign residential property buyers.
The bank joins ANZ Banking Group and the Commonwealth Bank of Australia in the latest round of foreign lending tightening.
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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au
