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A comprehensive roundup of the major stories from the region and the people involved and affected by them.
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Manage episode 521498717 series 2502844
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Banking regulator APRA has fired warning shots at major lenders this week, following an up-tick in riskier forms of lending as interest rates fall.
From February next year, Australia's banks will soon get new rules that will limit how many "high-risk" large home loans they can issue to customers.
It comes after the total value of new investment loans rose almost 18 per cent to $39.8 billion in the September quarter alone.
- Guest: Simon Birmingham, CEO of the Australian Banking Association and former federal Coalition minister
- Producer: Grace Stranger
262 episodes
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