ANZ argues new regulatory rules could force up cost of loans for first time buyers
ANZ&nbsp;has said that the proposed rules by global financial regulators regarding how much capital banks would need to carry will hit borrowers who have smaller deposits, such as first time buyers.&nbsp; This is in line with comments by JP Morgan analyst, Scott Manning, who said in June that the proposals under consideration by the international Basel committee could lead to further significant changes to bank capital requirements over housing, which may end up increasing the cost of finance causing first time buyers to "be locked out of the market". 
ANZ Banking Group says proposed rules being negotiated by global financial regulators could force up the cost of loans for customers with smaller deposits, especially first-home buyers.

Deputy chief executive Graham Hodges on Friday said changes under discussion dealing with how much capital banks would have to carry could disadvantage borrowers who had smaller deposits.

House prices in some markets are still rising despite the use of macro-prudential tools. Credit: Glenn Hunt

Mr Hodges made the comments before a parliamentary inquiry into housing affordability, which is also scrutinising the banking regulator's clampdown on lending to property investors.

"We are working within the new regulatory framework to adjust lending requirements, especially for investment loans in a market that's moving quickly," Mr Hodges said in Melbourne.