Interview | APRA increases banks’ loan serviceability buffer


APRA increases banks’ loan serviceability buffer

With more than one in five new loans approved in the June 2021 quarter being more than six times the borrowers’ income, and the expectation that housing credit growth will run ahead of household income growth APRA increased banks’ loan serviceability interest rate buffer from 2.5 percentage points to 3.0 percentage points.  We recently spoke with AusBizTV to break down the October 6th announcement and discuss what’s behind the decision and the potential impact on borrowers.


Anthony Landahl | Equilibria Finance

This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.

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