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ANZ mortgage run-off woes continue

The major bank has recorded another drop in its owner-occupied book after falling by around $300 million in April, according to APRA stats.  

APRA forecasts rising mortgage portfolio losses

Lenders will soon start seeing increasing losses from home loan portfolios as some borrowers suffer “sizeable repayment shock, ” APRA chair Wayne Byres has said. Speaking at the Financial Review

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