• July 14, 2020

Month: May 2019

RBA signals June rate cut

RBA signals June rate cut

Matthew Cranston | The Australian Financial Review | 21 May 2019 https://www.afr.com/news/economy/rba-signals-june-rate-cut-20190519-p51p12 Reserve Bank of Australia governor Philip Lowe has given his clearest signal yet that interest rates will be cut next month, suggesting that…

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Property’s bumper policy week will lift house prices soon

Property’s bumper policy week will lift house prices soon

James Frost & John Kehoe | The Australian Financial Review | 20 May 2019 https://www.afr.com/real-estate/residential/property-s-bumper-policy-week-will-lift-house-prices-soon-20190524-p51qpk A suite of favourable policy proposals and drivers of property demand that materialised this week will not be enough to…

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‘People are ringing for appraisals’: Agents feel post-election pickup

‘People are ringing for appraisals’: Agents feel post-election pickup

Michael Bleby & Tim Boyd | The Australian Financial Review | 23 May 2019  https://www.afr.com/real-estate/residential/people-are-ringing-for-appraisals-agents-feel-post-election-pickup-20190523-p51qde Sydney’s housing market has welcomed the end of the federal election campaign, with vendors and buyers shaking off the uncertainty…

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APRA scraps 7pc home loan buffer

APRA scraps 7pc home loan buffer

James Frost | The Australian Financial Review | 21 May 2019 https://www.afr.com/business/banking-and-finance/apra-scraps-7pc-home-loan-buffer-20190521-p51phr The Australian Prudential Regulation Authority has written to banks proposing the 7 per cent serviceability buffer on home loans be removed, in good…

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Hallelujah: Brokers rejoice over Coalition win

James Frost & John Kehoe | The Australian Financial Review | 20 May 2019 https://www.afr.com/business/banking-and-finance/hallelujah-brokers-rejoice-over-coalition-win-20190520-p51p78 Mortgage brokers are celebrating the re-election of the Coalition and the salvation of valuable trailing commissions that were poised to…

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Phil Lowe’s finger hovering above rate cut button

Karen Maley | The Australian Financial Review | 10 May 2019 https://www.afr.com/business/banking-and-finance/phil-lowe-s-finger-hovering-above-rate-cut-button-20190510-p51m0d Australia is set to see interest rates hit fresh historic lows in coming months, unless strong jobs market and rising commodity prices come…

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The case that could reshape banking

The case that could reshape banking

James Eyers & Misa Han | The Australian Financial Review | 10 May 2019 https://www.afr.com/business/banking-and-finance/inside-the-westpac-case-that-could-alter-banking-20190510-p51lz4 It’s a case that will define one of the most fundamental jobs of a bank – working out whether to…

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ANZ says 7.25pc buffer has to go

ANZ says 7.25pc buffer has to go

James Frost & James Eyers | The Australian Financial Review | 1 May 2019 https://www.afr.com/business/banking-and-finance/anz-says-7-25pc-buffer-has-to-go-20190501-p51j0g ANZ chief executive Shayne Elliott urged the prudential regulator to scale back the buffer requiring new borrowers have the capacity…

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Three-quarters of SMEs believe bank appetite has decreased

Three-quarters of SMEs believe bank appetite has decreased

Annie Kane | The Adviser | 7 May 2019 https://www.theadviser.com.au/breaking-news/39077-three-quarters-of-smes-believe-bank-appetite-has-decreased Seventy-four per cent of small business owners believe that bank appetite for SME lending has decreased this financial year, while 30 per cent believe that…

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Where home prices rose and fell the most in every Australian capital city over the past year

Where home prices rose and fell the most in every Australian capital city over the past year

David Scutt | Business Insider Australia | 10 May 2019 https://www.businessinsider.com.au/australia-house-prices-best-worst-performing-capital-city-2019-5 Australia’s median home price slumped 7.2% in the year to April. An even larger 8.4% decline was recorded in the capital cities in average…

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