“Under huge public and private pressure from regulators, the big banks are effectively raising interest rates for many new property investors by scrapping or scaling back lucrative discounts routinely offered.  The industry is also considering a tougher stance on deposits, after a subsidiary of the Commonwealth Bank of Australia said investors’ mortgages would get a maximum of 80 per cent of the value of the property – a decision that creates a 20 per cent buffer for the bank if there is a property crash. CLSA banking analyst Brian Johnson said it could lead to a period of no increases in house prices. National house prices rose more than 10 per cent last led by Sydney and Melbourne.”

http://www.smh.com.au/business/banking-and-finance/banks-put-brakes-on-investor-lending-20150521-gh6imi.html

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