Australians with HECS debt may find it easier to buy a property after a “common sense” government push for student loans to be treated differently when applying for a mortgage. Those with debt have complained they feel held back when being assessed on their ability to repay their home loans, locking them out of the property market.
However, Treasurer Jim Chalmers has now written to the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), urging them to reassess their…
