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Australian prudential regulator has tightened up home loan rules


Citing financial stability risks APRA has jacked up the minimum 'rate buffer'.  The Australian Prudential Regulation Authority (APRA) increased the minimum interest rate buffer it expects banks to use when assessing the serviceability of home loan applications: Yesterday's RBA statement (from Governor Lowe) was expected to have included some discussion on tightening macro-prudential rules sometime in the

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