Teachers Mutual Bank indicated a few months ago that they were somewhat outside of the APRA regulatory changes, they haven't been on the radar. That changed this afternoon. On investment lending they're now instituting LVR caps at 85%, as well as servicing restrictions. The full article about it can be found here... http://www.theadviser.com.au/breaki..._medium=email&utm_content=newsflash17_08_2015 This is barely a ripple in a large pond and these changes aren't even close to as drastic as some lenders. It does demonstrate however that running to small lenders isn't a definitive answer.