There is a lot of posts about the APRA changes and the impact to investment loans. On the flip side though lenders are incredibly hurry for owner occupied loans and its warfare amongst the lenders. Westpac's owner occupied offering was one of the market lenders (purely looking the rate, fees, LVR and not policy). However St George has raised the stakes by offering $2,000 cash back on all owner occupied purchases or refinances OR no LMI @ 85% LVR (you actually pay for it and they refund it later). Im expecting more lenders to come out with similar offerings so definitely opportunity there for some buyers.