Tag: homeownership initiatives
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Insurance Council of Australia Supports Coalition’s Proposal for Mortgage Insurance Reform
The Insurance Council of Australia (ICA) has thrown its weight behind the federal Coalition’s proposal to revamp the way the Australian Prudential Regulation Authority (APRA) applies capital requirements to home loans supported by lenders’ mortgage insurance (LMI). This move is part of a broader effort to enhance housing affordability and resilience in the country. Federal…