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NAB branch
5 min read
NAB's latest lending policy change has drawn the ire of those nearing retirement age. Photo: Shutterstock

Finance squeeze could dent housing recovery

New lending rules from APRA and the big banks loom as a hurdle to Australia’s economic recovery from COVID-19, with first homebuyers to self-funded retirees unable to transact due to a credit squeeze.

Property Club president Kevin Young told Australian Property Investor Magazine that Australia’s bi…

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