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APRA to investigate commercial lending

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Australian Broker | 01 May 2017, 08:25 AM Agree 0
The regulator has announced plans to further delve into commercial lending standards in addition to its focus on residential loans
  • Steve McClure | 01 May 2017, 06:19 PM Agree 0
    Heterogeneous! Could have just said diverse to identify with the dummies like me. Federal Minister for Small Business, Michael McCormack addressed the MFAA breakfast last week and advised they wish to cut red tape. Was he aware APRA's intention to further delve into a very healthy commercial lending environment? Or, is he happy to further strangle businesses that turn over $ millions per year when we've already had significant reforms to banking practices, consumer and non-consumer? Lenders pass those compliance costs straight onto clients.
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