Abbreviations and acronyms

Abbreviations and acronyms

ADIs

Authorised deposit-taking institutions

AFCA

Australian Financial Complaints Authority

AFIA

Australian Finance Industry Association

AHURI

Australian Housing and Urban Research Institute

APRA

Australian Prudential Regulation Authority

APG 220

Prudential Practice Guide APG 220 Credit Risk Management

APG 223

Prudential Practice Guide APG 223 Residential Mortgage Lending

APS 220

Prudential Standard APS 220 Credit Risk Management

ASIC

Australian Securities and Investment Commission

CBA

Commonwealth Bank of Australia

COBA

Customer Owned Banking Association

the committee

The Senate Economics References Committee

FBAA

Finance Brokers Association of Australasia Limited

GFC

2008 Global Financial Crisis

HGS

Home Guarantee Scheme

HIA

Housing Industry Association

the inquiry

Inquiry into Australia’s financial regulatory framework and home ownership

LMI

Lenders Mortgage Insurance

LVR

Loan to value ration

MBA

Master Builders Australia

MFAA

Mortgage and Finance Association of Australia

NAB

National Australia Bank

National Credit Act

National Consumer Credit Protection Act 2009

PCA

Property Council of Australia

RBA

Reserve Bank of Australia

RG 209

ASIC Regulatory Guide 209

RLO

Responsible Lending Obligations

Treasury

Department of the Treasury

Westpac

Westpac Banking Corporation