• 16/06/2021

Category: Lending

How is the property market changing and how can you profit from it?

How is the property market changing and how can you profit from it?

While the housing market is strong, there are signs it’s slowing. Under these conditions knowing whether buyers can get finance will be key. The white-hot price gains of March moderated in April. Sydney auction clearance rates…

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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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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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Responsible lending removal: the pros and cons

Responsible lending removal: the pros and cons

Annie Kane| Mortgage Business| 23 November 2020 https://www.mortgagebusiness.com.au/breaking-news/15153-responsible-lending-removal-the-pros-and-cons The proposal to overhaul responsible lending obligations has been met with mixed reaction, with many welcoming its ability to speed up the flow of credit while others…

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Home loans surge by 12.6 per cent in August

Home loans surge by 12.6 per cent in August

Steven Deare| The New Daily| 9 October 2020 https://thenewdaily.com.au/finance/property/2020/10/09/home-loans-august/ More Australians are seeking to buy a property while interest rates remain at historically low levels, sending new home loan commitments surging. Home buyers took advantage…

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