“There’s definitely been a firming up of the regulator’s language but we still think they’re at a stage where they’re just putting out warning messages rather than likely to intervene anytime soon,” said Steven Munchenberg, CEO of Australian Bankers’ Association…
Without regulation, they are unlikely to voluntarily cut back on any part of that, let alone the juiciest portion. “The investor market is pretty attractive,” said Tony Bice, managing director at Mortgage Choice which writes about $500 million of home loans each month.
