serviceability

They argue that some people who took out a loan before the central bank started policy tightening are unable to refinance because they would fail the 3% serviceability test.

The country's No. 2 mortgage provider has told mortgage brokers that "if a customer is unable to meet serviceability under the standard assessment criteria", it might apply a modified serviceability assessment rate.

Options touted included increasing interest serviceability buffers and restrictions on how much banks can lend to borrowers with high debt-to-income and loan-to-value ratios.

Spending big money on headphones of this sort demands high-quality components from the start plus some degree of user serviceability, and Denon ticks both boxes.

Chairman Roger Davis who told an annual general meeting on Wednesday the bank was "cautious about increasing household debt, housing affordability and serviceability, growing under-employment and declining participation in the labor market."