Original article by Shaun Drummond
The Australian Financial Review – Page: 18 : 17-Mar-15

Australian businessman John Symond says residential property buyers who intend to be owner-occupiers should be prohibited from taken out interest-only loans. There has been strong growth in interest-only mortgage loans in recent years, particularly to property investors. Symond, who is the chairman of Aussie Home Loans, argues that property investors tend to be a lower risk than owner-occupiers

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AUSSIE HOME LOANS LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, WESTPAC BANKING CORPORATION – ASX WBC, MEMBERS EQUITY BANK PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, RESERVE BANK OF AUSTRALIA