KM Financial Solutions | Australia banks tighten mortgage checks amid govt inquiry, face revenue strain
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Australia banks tighten mortgage checks amid govt inquiry, face revenue strain

Australia banks tighten mortgage checks amid govt inquiry, face revenue strain

SYDNEY, Feb 16 (Reuters) – Australia’s largest banks have
stepped up screenings of mortgage loan applications amid a
powerful government-backed inquiry into the nation’s lenders and
their sales practices, potentially hurting revenues from their
most lucrative products.

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