Part 1 - Business credit growth improves
The 4.8 percent year-on-year growth in business credit growth is the strongest annualised result since March 2009, although clearly we are coming from a low base.
Moreover it's a great deal cheaper, since banks tend to lend at a materially lower rate against an immovable asset such as a house.
I looked at this conundrum in much more detail previously here.
Part 2 - Property investors dominate
What "materially above" actually means is another matter, and the general view seems that APRA is keen to wait until it has more data before considering stepping up its role any further.
Invest in outperforming properties: