ASX hybrids appear expensive post proposed APRA change

Hybrid cars could become less popular in Australia if they have to meet stricter capital requirements under a proposed change by the Australian Prudential Regulation Authority (APRA).

Hybrids cars do not qualify for the same discounted capital treatment as electric vehicles.

The proposed change would require banks to hold more capital against loans for hybrid cars, making them more expensive to finance.

The change is designed to reduce the risk to the financial system from a potential decline in the value of hybrid cars.

APRA is concerned that the value of hybrid cars could fall if the government introduces stricter emissions standards or if electric vehicles become more popular.

The proposed change has been met with criticism from the car industry, which argues that it will make hybrid cars less affordable and discourage people from buying them.

The car industry also argues that hybrid cars are an important part of the transition to a low-carbon economy.

APRA is expected to make a decision on the proposed change later this year.

The proposed change would have a significant impact on the Australian car market.

Hybrids are currently the second most popular type of car in Australia, behind petrol cars.

If hybrids become more expensive, it is likely that many people will switch to petrol or electric cars.

This would have a negative impact on the sale of hybrid cars and could slow the transition to a low-carbon economy.

The proposed change is part of a wider crackdown on lending for asset classes that APRA considers to be risky.

APRA has also proposed stricter capital requirements for loans for residential investment properties and commercial property.

The aim of these changes is to reduce the risk to the financial system from a potential downturn in the property market.

The proposed changes are likely to have a significant impact on the Australian property market.

It is important to note that the proposed changes are just that - proposed.

APRA is still consulting on the changes and it is possible that they will be modified or even withdrawn.