Why APRA won’t ease the housing squeeze for these dreamers

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Why APRA won’t ease the housing squeeze for these dreamers
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The serviceability buffer for would-be mortgage borrowers is a big hurdle for those trying to crack the property market. But APRA says it’s not the right time to cut.

– Gupta says first-home buyers face a particularly steep hurdle to get into the market.

Credit growth is lower, but performing as expected. Credit quality is particularly good. Arrears levels have ticked up slightly, but remain low. And the exception process, which allows banks to write loans forAlert, not alarmed Lonsdale says he and his fellow financial regulators are keeping an eye on potential signs of stress in the non-bank market, although APRA doesn’t have regulatory power in that sector. Non-performing loans are higher at the non-banks than the majors, but Lonsdale is clearly alert, rather than alarmed.

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