Lender Firstmac believes that debt-to-income mortgage curbs are on APRA’s agenda:
Brisbane-based Firstmac… argued the regulator seemed poised to introduce some new steps. “We’re probably not far away from a second round of macro [intervention], which will most likely be debt-to-income ratios,” [chief financial officer James Austin] said…
[Firstmac said] such a ratio would potentially limit 13 per cent of Firstmac’s loan flows, while it seemed regulated entities could be hit by between 20 per cent and 25 per cent.
