Go offline with the Player FM app!
New lending rules for Australian banks
Manage episode 521498698 series 5428
Banking regulator APRA has fired warning shots at major lenders this week, following an up-tick in riskier forms of lending as interest rates fall.
From February next year, Australia's banks will soon get new rules that will limit how many "high-risk" large home loans they can issue to customers.
It comes after the total value of new investment loans rose almost 18 per cent to $39.8 billion in the September quarter alone.
- Guest: Simon Birmingham, CEO of the Australian Banking Association and former federal Coalition minister
- Producer: Grace Stranger
12394 episodes
Manage episode 521498698 series 5428
Banking regulator APRA has fired warning shots at major lenders this week, following an up-tick in riskier forms of lending as interest rates fall.
From February next year, Australia's banks will soon get new rules that will limit how many "high-risk" large home loans they can issue to customers.
It comes after the total value of new investment loans rose almost 18 per cent to $39.8 billion in the September quarter alone.
- Guest: Simon Birmingham, CEO of the Australian Banking Association and former federal Coalition minister
- Producer: Grace Stranger
12394 episodes
Όλα τα επεισόδια
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.