Macquarie Bank has announced it will no longer approve loans for apartments in high-rise building in 120 designated high-density postcodes.

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NSW: 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2017, 2138, 2150

VIC: 3000, 3001, 3004, 3005, 3006, 3007, 3008, 3009, 3141, 3205

QLD: 4000, 4001, 4002, 4003, 4004, 4215, 4217, 4218, 4870, 4879

WA: 6000, 6001, 6002, 6003, 6004, 6005, 6210

SA: 5000, 5001, 5002, 5003, 5004, 5005

TAS: 7000

NT: 800

The bank has also lowered its maximum loan-to-value ratio from 80% to 70%.