Isabelle Lane| The New Daily| 13 June 2018 https://thenewdaily.com.au/money/property/2018/06/13/capital-city-median-house-prices-2018-hobart/ Hobart has long been Australia’s cheapest capital city to buy a home, but soaring prices have bumped it up the list for the first time in more than…
The Adviser| 21 June 2018 https://www.theadviser.com.au/breaking-news/37911-mutual-home-loan-growth-outpaces-big-four The latest quarterly statistics from the prudential regulator show strong growth for the customer-owned banking sector. The APRA quarterly statistics show home loan growth of 5.5 per cent over…
Annie Kane| The Adviser| 14 June 2018 https://www.theadviser.com.au/breaking-news/37879-futurist-outlines-his-vision-of-the-future-of-broking Futurist, author and start-up founder Brett King has suggested that mortgage brokers would need to broaden their offering to survive an increasingly digital lending environment. Speaking after…
Rebecca Pike| Australian Broker| 21 June 2018 https://www.brokernews.com.au/news/breaking-news/brokers-can-help-stressed-rentvesters-251411.aspx ‘Rentvesting’ is often touted as offering the best of both worlds. You can live where you want in a rental property, while getting someone else to pay…
Clancy Yeates| Sydney Morning Herald| 19 June 2018 https://www.smh.com.au/money/investing/why-this-house-price-slump-is-different-from-the-last-one-20180613-p4zl7u.html Amid all the gloom engulfing the housing market, here’s a sliver of more positive news you may have missed. The Westpac Melbourne Institute index of consumer…
Clancy Yeates| 18 June 2018| Sydney Morning Herald https://www.smh.com.au/business/banking-and-finance/highly-geared-borrowers-tipped-to-face-extra-scrutiny-20180615-p4zlp7.html Property investors seeking to borrow many times their income are tipped to come under increased scrutiny, as banks respond to regulatory pressure to restrict higher-risk mortgage…
David Scutt| Business Insider| 1 June 2018 https://www.businessinsider.com.au/australia-home-prices-valuation-location-analysis-2018-6 Australia’s median home price fell for an eighth consecutive month in May, leaving it down 0.4% over the past year, the first decline seen since October 2012.…
Jacob Greiber & Ben Potter| 13 June 2018| Australian Financial Review https://www.afr.com/news/economy/monetary-policy/property-falls-manageable-says-rbas-lowe-20180613-h11ch9 Reserve Bank of Australia governor Philip Lowe has downplayed concerns over falling property prices, saying they are still 40 per cent higher in Sydney…
The market pauses for breath. Negative reports for the big capital city property markets. Banks on the nose. But, look past the headlines and there is still a lot of positive happening. Australia’s population growth remains strong, this…
Clancy Yeates| Sydney Morning Herald| 17 May 2018 https://www.smh.com.au/business/banking-and-finance/business-loans-growth-to-outpace-mortgages-nab-says-20180514-p4zf98.html Business loans are likely to grow more quickly than lending for residential property, in a changing of the guard that would see banks compete more fiercely for…
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