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Regulator not ready to axe loan caps yet

Mar 03, 2017 - Australian Financial Review

Australian Prudential Regulation Authority chairman Wayne Byres has said the banking regulator will continue to pull up banks exhibiting strong growth in investor lending for as long as the housing market remains a key area of focus.

Appearing at the Senate economics and legislation committee on Thursday, Mr Byres said APRA would pull banks aside well before the growth of a bank's investor loan book hit the annual growth speed limit of 10 per cent because the regulator's preference was to ...