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Yep, with the people within banks being on a different wavelength.

I had thoughts along those lines Rolf. I think it would have more to do with the loan book being overweight in that space as one particular suburb in Perth is practically owned by said bank! Was confirmed the very next day by the BWA BDM that it was biz as usual on their current 4 on one title...

It is a small portion of the market admitidly. More 4 unit resi lenders would be fantastic. I was chatting to a local WA bank BDM who have recently scaled back from 4 units to 3 (at end value) and I asked the reason why? Her response was an intervention from APRA in reference to 4 units...

Market share!