ASX 200 LIVE: APRA limits some home loans; banks flat

Prudential regulator APRA has set limits on high debt-to-income home loans from February to shelter banks and households after observing riskier forms of lending.

New APRA housing debt rules will be in place from next year.

The Australian’s rolling coverage of business and markets news for Thursday, November 27.

The ASX 200 index is 0.2 per cent higher at 8624.70 points at 10.12am AEDT as Wall Street traders headed into their Thanksgiving holiday on Thursday and before a shorter Friday session.

Originally published as ASX 200 LIVE: APRA limits some home loans; banks flat