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Country's biggest bank approving high LVR residential mortgage lending valued in the millions of dollars every day

Property
Country's biggest bank approving high LVR residential mortgage lending valued in the millions of dollars every day

By Gareth Vaughan

ANZ is approving high loan-to-value ratio (LVR) residential mortgage lending valued in the millions of dollars every day and is very confident of being within the Reserve Bank's "speed limit" when this is first measured, says the bank's head of retail banking.

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