The Reserve Bank pulled a swifty this week ahead of tomorrow’s monetary policy decision; with a surprise announcement new houses will be exempt from its new lending restrictions for low deposit mortgages.
The move came after growing concern the LVR rules are stopping new houses being built,
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Rob Hosking
Wed, 11 Dec 2013
Wed, 11 Dec 2013
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The LVR backdown - why it happened and what it means
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