If macropriudential moves were not already fading on the interminable Sydney Delta outbreak, today’s APRA data pushes it further from sight.
The big eight banks lifted specufestor lending to 0.3% monthly for June (with CBA having its own little party):
And still only 1.1% year on year:
Then there’s Mad Macquarie as usual:
Big eight specufestor stock is not much more than plateaued:
There’s nothing here for APRA to jump on, especially as Delta slows it all down ahead.