APRA Caps High‑Debt Home Loans as $4bn National Storage Bid and Rio’s US Asset Sale Shake Australian Markets
Australia’s banking regulator will cap high debt-to-income home loans at 20% of new lending from February 2026, its first nationwide limit on such mortgages. National Storage REIT received a record A$4.02 billion takeover bid. Rio Tinto announced plans to sell US boron assets supplying nearly a third of global demand.