
Mortgage News
Restrictions on lending may have little impact
Friday 7th of June 2013
The Reserve Bank has released another consultation paper on macroprudential tools, looking specifically at LVR restrictions.
Submissions close at the beginning of July. By the middle of next month, the bank expects to have defined what counts as LVR and ironed out other issues with the banking system.
JP Morgan’s Ben K Jarman says the documents outline several issues to be address...
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