Banks may welcome latest LVRs as an excuse to stop their 'crazy game': Tripe
ANZ Bank's assertion that the Reserve Bank should impose even greater restrictions on lending to property investors may be explained by the nation's largest bank's own circumstances. With special feature audio.
Jenny Ruth Fri, 22 Jul 2016
Mortgage lending has become like a “crazy game” and the banks may see the latest loan-to-valuation restrictions as a welcome relief, says Massey University’s David Tripe.
That could explain ANZ Bank chief executive David Hisco saying the Reserve Bank should go even harder and demand that property
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