General
Macroprudential Tightening Clearly Having An Impact On Riskier Types Of Mortgage Lending
Earlier this week the Australian Prudential Regulation Authority (APRA) released its quarterly property exposures data for authorised deposit-taking institutions (ADIs). The data covered the March 2018 quarter and it highlighted the ongoing evolution of APRA’s macroprudential measures on the housing market.
Over the March 2018 quarter there was $86.752 billion in new mortgage approvals to ADIs. This figure was -13.5% lower over the quarter and -2.8% lower year-on-year….
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