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APRA powers to be extended to non-banks

July 17, 2017 - 10:52 -- Admin

The Pascometer does it again. If you want a non-bank interest-only loan you’d better hurry: A new power will be provided to APRA to make rules with respect to lending finance by non-ADI lenders, for the purpose of addressing financial stability risks. APRA will also be provided a power to issue directions to a non-ADI

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