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APRA is turning its attention to how lenders estimate living expenses and assess total debt.
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APRA is targeting the rapid rise in the number of interest-only loans.
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These have been confusing times for borrowers with banks lifting rates outside of the RBA’s deliberations and this looks like being the new normal going forward.
Weaker investment activity is weighing on the Australian housing market, says the REIA.
Investment bank Barclays says Australian homes are 12% overvalued.
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