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Greens release a dissenting report on home ownership inquiry
A Senate inquiry has proposed relaxing the rules which guide lenders' decisions on who is eligible for a home loan, in a bid to help first home buyers.
The financial regulator APRA currently assesses whether an applicant for a loan could meet the repayments if interest rates were three per cent higher than at the time of purchase.
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A Senate inquiry has proposed relaxing the rules which guide lenders' decisions on who is eligible for a home loan, in a bid to help first home buyers.
The financial regulator APRA currently assesses whether an applicant for a loan could meet the repayments if interest rates were three per cent higher than at the time of purchase.
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