• 14/05/2021

Category: Articles

Major banks revise house price predictions

Major banks revise house price predictions

Annie Kane| Mortgage Business| 19 April 2021 Major banks revise house price predictions – Mortgage Business The CEOs of the big four banks have outlined what their forecasts are for house prices over the next…

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If there’s a lending clampdown, what happens to those employed in the industry?

If there’s a lending clampdown, what happens to those employed in the industry?

The government and the Reserve Bank want to see the property market grow to boost the post-pandemic economy, but many experts believe that the banking regulator will soon put up roadblocks to stop the market…

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APRA’s daunting double challenge

APRA’s daunting double challenge

Karen Maley| Australian Financial Review| 21 April 2021 APRA’s daunting double challenge (afr.com) Wayne Byres, the boss of the country’s prudential regulator, might like to insist that it’s not his job to solve the problem of soaring…

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Mortgage brokers record highest ever December quarter market share

Mortgage brokers record highest ever December quarter market share

MFAA| 3 March 2021 Mortgage brokers record highest ever December quarter market share | MFAA The mortgage broker channel has recorded its highest ever market share result for the December quarter with brokers settling 59.4 per…

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Home owners warned against rushing to fix their mortgages

Home owners warned against rushing to fix their mortgages

Euan Black| The New Daily| 2 February 2021 Home owners warned against rushing to fix their mortgages (thenewdaily.com.au) Home owners are being told to do their research before fixing their mortgages, after the Reserve Bank…

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Mortgage demand up 19.3% in December quarter

Mortgage demand up 19.3% in December quarter

Malavika Santhebennur| Mortgage Business| 17 February 2021 Mortgage applications surged in the December quarter amid a slump in consumer credit applications, with WA the standout, according to data. Figures from data company Equifax have revealed…

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New law puts brokers in box seat

New law puts brokers in box seat

Great news for anyone planning to take out a home loan – new legislation means consumers are even better protected when they use a mortgage broker. But banks do not have the same responsibility towards…

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Why changes to Responsible Lending wont have the impact either side claim.

Why changes to Responsible Lending wont have the impact either side claim.

“Old generals always fight the previous war” goes the old adage – many of the old arguments are being rolled out by both sides in the proposed changes to Responsible Lending rules. But, as we…

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Could household debt levels be a trigger for another round of credit tightening?

Could household debt levels be a trigger for another round of credit tightening?

Tim Lawless| Corelogic| 18 November 2020 https://www.corelogic.com.au/news/could-household-debt-levels-be-trigger-another-round-credit-tightening?utm_medium=email&utm_source=newsletter&utm_campaign=20201123_propertypulse&utm_content=pp_blog%20 Australian household debt levels have increased substantially over the past thirty years, with the ratio of household debt to annual disposable income rising from 68% in June 1990…

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Australia’s lending laws are overdue for an overhaul

Australia’s lending laws are overdue for an overhaul

Anna Bligh| Sydney Morning Herald| 25 November 2020 https://www.smh.com.au/business/banking-and-finance/australia-s-lending-laws-are-overdue-for-an-overhaul-20201125-p56hq8.html They say a week is a long time in politics. If that’s true – eleven years is an eternity. That’s how long it’s been since the…

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