Australia Tightens Rules on Riskier Mortgage Lending for Banks
Australia’s banking regulator tightened rules on bank lending for mortgages as it seeks to preemptively contain emerging risks from highly leveraged borrowers that could cause vulnerabilities in the housing market.
By Adam Haigh · Bloomberg Markets
Australia’s banking regulator tightened rules on bank lending for mortgages as it seeks to preemptively contain emerging risks from highly leveraged borrowers that could cause vulnerabilities in the housing market.