APRA is going to make it easier to borrow. It could be another one of its bad calls
- Written by Richard Holden, Professor of Economics, UNSW
The prudential regulator has a history of doing too much, too late.Who’d make a decision that would give a household with an income of A$150,000 an extra $100,000 to $120,000 of borrowing power? APRA, that’s who. APRA is the Australian Prudential Regulation Authority. It was hived off from the Reserve Bank and insurance and...
Read more: APRA is going to make it easier to borrow. It could be another one of its bad calls
