Banks warned against interest rate buffer exceptions

By Poppy Johnston
Updated June 9 2023 - 2:56pm, first published 2:52pm
APRA says strict lending rules should be retained for the majority of home buyers. (Diego Fedele/AAP PHOTOS)
APRA says strict lending rules should be retained for the majority of home buyers. (Diego Fedele/AAP PHOTOS)

Australia's financial watchdog has fired off a warning shot to banks granting exemptions to borrowers who don't meet interest rate buffers.

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