ANZ Bank increasing caution on property lending

ReutersNewsPublished: November 30, 2016Updated: December 1, 20162 views
Published: November 30, 2016Updated: December 1, 2016

Australia and New Zealand Banking Group Chief Executive Shayne Elliott says his bank has become more cautious about lending to apartment developers and buyers due to concerns about overdevelopment and stagnant household incomes. Ross Miklaszewicz reports.

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