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Australia tweaks loan buffers to cool red-hot housing market

October 06, 2021 8:59 AM

SYDNEY (BLOOMBERG) – Australia’s banking regulator raised the minimum interest-rate buffer that lenders need to account for when assessing home-loan applications, citing growing risks to financial stability from a booming housing market.

Source : http://www.straitstimes.com/business/property/australia-tweaks-loan-buffers-to-cool-red-hot-housing-market

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