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Investor loans jump despite efforts to slow home lending
Monday, 11 Apr 2016 09:44:04 | Thuy Ong
The bank regulator has been trying to slow investor loan growth. (AAP: Dan Peled)
The latest figures from the Bureau of Statistics show bank lending to housing investors jumped 4.1 per cent to $11.9 billion in February.
Meanwhile, owner-occupied housing finance climbed 1.5 per cent for the month to 56,562 loans, slightly lower than a Reuters poll which forecast a rise of 2 per cent.
More to come.
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