Is it about to get harder to get a big home loan?

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Two of Australia's biggest banks are moving to curb high-risk home lending, as the regulator reveals it has been warning some institutions to cut back on risky loans.

"ANZ regularly reviews lending appetite and policies as the economic environment changes to ensure we are continuing to lend prudently to our customers," a spokesperson for the bank told ABC News.

"We will also be watching closely the experience of borrowers who have borrowed at high multiples of their income – a cohort that has grown notably over the past year," he told the AFR summit. "We expect lending policy changes at those banks, coupled with rising interest rates, will see the level of high DTI borrowing begin to moderate in the period ahead."

Westpac and CBA both told ABC News they had not made recent changes to their policies around high debt-to-income ratio loans.

Source: Loan Digest (


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Is that a big loan Or a loan for a big home

Maybe... but definitely gonna get harder to pay it back

As a past loan recipient of many years. I was paying the going interest rates with major financial institutions that were much higher than stated in this article. I needed to prove that I could cope with a rate rise or two b4 I was given the loan. Which is the way it should be.

Thanks Josh. Well done on your incompetent, inflationary management of the economy and thanks for creating the architecture for negative income growth. Thanks for all the debt which will be even harder to pay now rates are rising. Good riddance

Hopefully housing comes down for a change

Trivia question (using rates in image of this story): Does a prospective borrower need to show they can repay a new home loan with an interest rate of:

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