Housing Loans – Investors and Owner Occupiers, June 2017 – 8 August ABS statistics

Investor housing loans in June grew per the latest government statistics released 8 August.

ABS June Statistics showed an increase in investor loans and a slight fall in residential new loans.

Investor loans grew by 1.6 per cent in June, while owner-occupier loans edged up just 0.3 percent, from the latest batch of Australian Bureau of Statistics seasonally adjusted home loan figures.

APRA (Australian financial regulator) has been tightening the screws on banks, firstly by placing a 10 per cent speed limit on annual investor loan growth and then, in March, demanding banks restrict interest-only loans to 30 per cent of new mortgages.

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