Australia’s banking regulator has stated that it will not ease the interest rate buffer requirements for borrowers despite more homeowners being subject to mortgage stress. This comes as a significant number of borrowers will see their cheap fixed-rate home loans, which were acquired before the central bank started the interest rate hiking cycle in May
https://www.theepochtimes.com/australian-banking-regulator-maintains-interest-rate-buffer-rule-amid-rising-mortgage-stress_5305264.html