APRA warns bank lending standards are being stretched

By Gareth Hutchens, James Eyers and Misa Han
Updated October 23 2014 - 1:18am, first published 12:15am
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis
Commonwealth Bank of Australia chief executive Ian Narev. Photo: Louie Douvis

Australia's financial regulator has completed a "comprehensive" stress test of the biggest banks and believes lending standards are being stretched because major banks are competing aggressively on home loans.

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