Wayne Byers gobbles CCP chockies as mortgages rocket

More pressure today for Australia’s most corrupt regulator, Wayne Byers and his disastrous APRA, via Domain:

Banking regulators may have to tighten lending standards sooner than expected amid fresh signs the Reserve Bank of Australia’s back-to-back interest rate cuts have enticed investors back into the property market.

…ANZ economists Adelaide Timbrell and Felicity Emmett said as lending for housing and property prices had increased since the rate cuts, regulators were going to have to consider tightening lending standards.

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