
APRA Scraps Home Loan Serviceability Buffer – What Does this Mean for Borrowers?
Fletcher Rowe | May 30 2019 Last week, the Australian Prudential Regulation Authority (APRA) announced a change to the serviceability buffers that all deposit-taking institutions are required to abide by when assessing a borrower’s ability to repay a home loan. The buffer, in place since 2014, is designed to ensure borrowers are able to continue