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APRA announces fresh mortgage guidance
The banking regulator has today announced plans to remove its macro-prudential measures, which have been in place since 2014. The regulator has revealed that it will remove its 10 per cent benchmark on investor loan growth, which it says was always a temporary measure. The curb was introduced in 2014 as part of a range of actions to reduce higher-risk lending and improve practices. “In recent years, authorised deposit-taking institutions (ADIs) have taken steps to improve the
