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RBA on careful watch after banks tighten lending controls

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Australian Broker | 28 May 2015, 08:32 AM Agree 0
Moves made by the major banks to tighten lending controls are on the Reserve Bank’s radar, as it could drive buyers elsewhere for loans
  • marty | 28 May 2015, 08:43 AM Agree 0
    “... if you make the incentive too misaligned between the banks and the non-banks then the funding will follow to the non-banks.”...He says that like it is the worst possible thing that could happen. The non banks really don't have support at higher levels do they.
  • Macarthur Broker | 28 May 2015, 12:33 PM Agree 0
    Fact is all these govt bodies interfering in the mortgage space is going to have unintended consequences.
  • Maria Rigoni | 29 May 2015, 09:57 AM Agree 0
    All things considered it is another way for the banks to increase their interest margins.
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