Prudential measures may create risks for developers – RBA

rba-night
The RBA at night. Photo: RBA
Photo: RBA

Macro-prudential policy tightening has made household balance sheets more sustainable, but may be adding to pressure on housing developers, the Reserve Bank of Australia (RBA) said today (April 15).

The share of high loan-to-value lending has “taken a noticeable step down”, and households are building up their mortgage buffers, the RBA said in its latest financial stability review. Non-performing housing loans are also down, at 0.6% of banks’ total lending stock.

On the other hand, the macro

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.