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I agree, banks are probably loving the current environment. The last 2 years have been a race to the bottom for lender discounting. Lenders have been giving deeper and deeper discounts for fear of missing out and haven't been backing off. Then along come the regulators, giving them a reason...

I suspect they're already tweaking their credit scoring systems for anything with LMI. We've had an unusual amount of challenges in the last few weeks for applications that I would have thought would normally be fairly straight forward.

Outside of BankWest I don't know of any that have specifically changed their policies. Macquarie did place some limitations above 90% a month or two ago, but I don't think that had any real impact. It's quite possible there's some others that I'm unaware of, above 90% isn't somewhere I go too...