What the Reserve Bank's proposed move to ease lending restrictions means for borrowers

  • 27/04/2023
  • Sponsored by - Milford

The Reserve bank has signalled it’s likely to ease up on lending restrictions, making it easier for people with smaller deposits to get lending.

The move would roll back changes introduced 18 months ago, which limited the number of loans banks could give out to borrowers with less than a 20 percent deposit.

Milford Asset Management Portfolio Manager Frances Sweetman explains what this means for borrowers.

Article created in partnership with Milford.