sign up log in
Want to go ad-free? Find out how, here.

Lending standards on mortgages and corporate loans loosening in Australia, UBS says

Bonds
Lending standards on mortgages and corporate loans loosening in Australia, UBS says
<a href="http://www.shutterstock.com/">Image sourced from Shutterstock.com</a>

By Gareth Vaughan

Mortgage and big corporate loan lending standards have loosened "materially" in Australia over the past six months, according to UBS, with a more buoyant housing market and competition among lenders the key reasons cited for this.

This is an abridged version of this article. The full version was published in our email for paying subscribers. See here for more details and how to subscribe.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.