With the introduction of further lending hurdles for property developments by the CBA, one could be forgiven for having flashbacks to the tougher post GFC years. Though interests rates remain modest, its seems the pre-sale hurdles are marching upwards while the LVR's are marching down. The new rules are said to be required to keep APRA happy, but I would expect they are largely about managing CBA's exposure to property in the next phase of the cycle.

Thankfully there are still many funding options available at present with property syndicates and non bank financiers offering very competitive alternatives.