Business
New home loan restrictions will help cool the property market – but first home buyers may pay the price – Business Insider Australia
New lending restrictions will decrease the borrowing power of all buyers, but it will be younger home buyers who may be most…
- Australia’s Council of Financial Regulators (CFR) says it will detail limits on new lending over the “next couple of months”.
- It is expected to bring in new measures that will restrict new loans to six times the income of borrowers.
- The measure will restrict…
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