'Blind spot': banks warned over customers' debt levels

By Clancy Yeates
Updated November 21 2017 - 1:03pm, first published 12:59pm
APRA chair Wayne Byres - Chairman of APRA, address at the Australian Securitisation Forum, Hilton Hotel, Sydney 21st November 2017 Photo by Louise Kennerley afr
APRA chair Wayne Byres - Chairman of APRA, address at the Australian Securitisation Forum, Hilton Hotel, Sydney 21st November 2017 Photo by Louise Kennerley afr
Generic photo of ATM's at Southern Cross Station. Australia's big four banks have ditched ATM fees.

Photograph Paul Jeffers
The Age NEWS
24 Sep 2017
Generic photo of ATM's at Southern Cross Station. Australia's big four banks have ditched ATM fees. Photograph Paul Jeffers The Age NEWS 24 Sep 2017

The powerful financial regulator has urged Australia's banks to be more cautious when estimating how much money their home loan customers need to live on, to guard against further risks building up in the mortgage market.

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