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Will APRA help the banks get more business? #112
Are the banks crying poor… as profits have reduced
1. Even if rates reduce, most people won’t be able to get loans at current serviceability requirements
2. APRA may decide to ease back on the serviceability - by 0.5% with each move
3. Was the hard-lining by APRA and the Royal Commission worthwhile… do we go back to easy lending?
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By Search Party PropertyAre the banks crying poor… as profits have reduced
1. Even if rates reduce, most people won’t be able to get loans at current serviceability requirements
2. APRA may decide to ease back on the serviceability - by 0.5% with each move
3. Was the hard-lining by APRA and the Royal Commission worthwhile… do we go back to easy lending?