RBA governor Philip Lowe suggests the central bank plans to maintain rather than shrink the size of its balance sheet.
February 6, 2022KB Savings Bank increased its household lending by raising internal limits and discounting interest rates, without a strict review process and proper oversight.
September 9, 2021APRA has written to large banks seeking assurances that lending standards are being maintained to prevent a buildup of risk in housing loan portfolios.
June 25, 2021A correction in asset prices, if borrowers’ income were to fall and so they defaulted on debt repayments, could expose lenders to large losses.
April 19, 2021The RBA's Christopher Kent says banks have tightened lending standards for SMEs, charging them more and imposing more restrictive terms on their loans.
March 22, 2021Chairman Eun Sung-soo said the FSC could impose regulatory measures to curb rising household debt. Meanwhile, banks have indicated a growing aversion to household lending.
October 14, 2020All locally incorporated banks who responded to the one-week consultation were in favour of removing LVR restrictions, saying it would allow them to better support their customers.
April 30, 2020The loan-to-deposit rate at savings banks will be limited to 110% starting from 2020, and further tightened to 100% in 2021. Currently, commercial banks already face the 100% limit.
October 21, 2019Under APRA's new serviceability guidance, borrowers on a typical 4% mortgage rate can expect to be assessed at 6.25% rather than 7.25%, enabling them to immediately secure larger loans.
July 8, 2019APRA has maintained the countercyclical capital buffer rate at zero percent, focusing instead on targeted measures to improve eroded bank lending standards.
January 30, 2019