22 Apr 2020

Coronavirus: LVR changes won't help everyone - economist

From Morning Report, 7:16 am on 22 April 2020

The Reserve Bank is considering removing restrictions on bank loan-to-value ratios - which require most new borrowers to have a sizeable deposit.

Economist Cameron Bagrie says there will be buyers who can take advantage of this, but amidst the Covid-19 crisis it won't prop the market up.