Govt reluctant on income-based house loan limits

The Reserve Bank is pushing for powers to impose income-based lending restrictions though it says it would not use them right now. The central bank wants to be able to use debt-to-income (DTI) restrictions which limit the amount people can borrow relative to their income.

The Reserve Bank is pushing for powers to impose income-based lending restrictions though it says it would not use them right now. The central bank wants to be able to use debt-to-income (DTI) restrictions which limit the amount people can borrow relative to their income.

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