Reducing the home-loan serviceability buffer and removing tuition debt from lending assessments could increase an average first home buyer’s borrowing capacity from $497,000 to $613,000, NAB says.
But the other major banks are split on the best way to make the property market kinder to new entrants.
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Lucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com
