Finance: The Ice Melts

Facebook Twitter LinkedIn Mail Us

We all saw the headlines in 2015 – prompted by government pressure, the banks are making it harder to get finance.

But, now there are some tentative signs that getting finance may be coming easier.

Last year, the Australian Prudential Regulation Authority (APRA) told the banks that they had to limit their annual growth in investment home loans to 10 per cent.  As a result, the banks made it tougher to get investment finance.

But now, there are tentative signs that APRA’s 10 per cent hurdle has been met and that the banks are becoming more generous to investors.

At one point, AMP completely pulled out of investment lending, but is now back in the market.  Similarly, banks that were making things much tougher for investors have now loosened the reins; NAB announced through its broker-only channel, some discounted investor rates last week.

Investment lending changes by the minute.  Stay close to your C&N broker to understand what is going on.


Graeme Salt

Graeme Salt

Disclaimer: This article contains general information. Before you make any financial or investment decision you should seek professional advice to take into account your individual objectives, financial situation and individual needs.



The material on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs. Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this website are provided for illustrative purposes only.

Although every effort has been made to verify the accuracy of the information contained on this website, lnfocus, its officers, representatives, employees and agents disclaim all liability [except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.

Leave a Reply

Your email address will not be published. Required fields are marked *

Join our mailing list today!

Keep up to date with our latest news & updates!