‘We’ll remove it’: Dutton to reset lending rules

News.com.au - 31/03
D-Day has arrived over the fate of an election campaign rate cut, with Peter Dutton set to unveil new policies to make it easier to enter the housing market without help from “the Bank of Mum and Dad.”

D-Day has arrived over the fate of an election campaign rate cut, with Peter Dutton set to unveil new policies to make it easier to enter the housing market without help from “the Bank of Mum and Dad.”

As the RBA prepares to announce the big decision, the Liberal leader is set to hammer the Albanese Government over the fact homeowners are $50,000 worse off on the typical mortgage since the last election.

Warning that regulatory reforms introduced in the wake of the global financial crisis have made it harder for first home buyers to access loans, the Coalition will pledge to reset lending rules.

“Right now, Australians without access to the ‘Bank of Mum and Dad’ are punished by higher borrowing costs — even when the actual risk is the same or lower,’’ opposition housing spokesman Michael Sukkar told news.com.au.

“That’s a systemic...
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