Reserve Bank delays start of new LVR rules

The Reserve Bank has delayed the start of changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, after talking to the banks about time required to honour pre-approved loans. “Banks have indicated through their submissions that more time is required to enable them to meet the new restrictions that apply … Continue reading Reserve Bank delays start of new LVR rules