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APRA warns on commercial property lending standards

People & Companies / Latest News

Australia

May 02 2017

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Simon Johanson and Clancy Yeates, The Sydney Morning Herald

Australia's powerful banking regulator has fired another warning shot at the commercial property sector, saying it will further investigate lending standards and consider "additional guidance" if necessary.

Wayne Byres, chair of the Australian Prudential Regulation Authority, on Friday flagged "further tightening" from banks in the $1.5 trillion residential mortgage market, a crackdown some experts believe is behind a gentle slowdown in residential real estate in the past month.

 

Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald

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