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Brokers split on APRA's 'systemic concentration' move

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Australian Broker | 20 Feb 2018, 08:30 AM Agree 0
One broker says the data on the percentage of interest-only loans is misleading
  • RobR | 21 Feb 2018, 04:53 PM Agree 0
    I tend to agree with Mr Lewis. We have only one interest only owner occupied home loan on our books and which has a specific and defined medium term financial strategy attached to it. In 15 years as a broker, of the thousands of loans my company has written, we have written perhaps three interest only owner occupied home loans, all with well articulated financial strategies attached.
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