http://www.abc.net.au/news/2015-07-...interest-rates-for-property-investors/6645612 Just wondering whose idea was it to increase interest rates for investors? APRA? or the banks? Who exactly is APRA? Never heard of this organisation before are they new? What's their main goal? like RBA’s goal is to control inflation through monetary policy, lowering official cash rate etc. What is APRA trying to do? Make sure people can buy their first home? Why should investors suffer this? If people are not smart enough to save up to buy a house I don’t see how kicking investors in the guts will help others buy their first property. 27-29 bpts = extra $2-3k a year for some... This kind of idea is like punishing the smart kids in the classroom hoping dumb kid’s grades will go up. Completely ridiculous. or is the banks just inventing some new bs reason to increase their rates? They probably had a closed door meeting... hey let's all cartel and up the rates?