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Housing affordability: Lending guidelines ‘blocking Australia’s center class’ from housing: ANZ Financial institution CEO Shane Elliott
ANZ Financial institution chief govt Shane Elliott says regulators are “blocking central Australia” from with the ability to entry house loans, within the newest warning from a serious financial institution boss that there’s a disproportionate give attention to diminishing monetary system dangers.
Elliott instructed a press briefing that he didn’t blame the Australian Prudential Regulation Authority for this well being malaise – on condition that it’s charged with defending depositors from dangerous lending – however added that rethinking accountable lending was mandatory.
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