Lucy Dean| Yahoo Finance| 30 October 2021 $47,000 gone: Major new mortgage rules from Monday (yahoo.com) Australians hoping to buy property will be forced to prove they can repay their mortgage if rates rise 3 per…
Sarah Simpkins| Mortgage Business| 12 November 2021 APRA runs through lending control toolkit – Mortgage Business The prudential regulator has outlined the next intervening steps it could take, as housing prices and debt levels continue…
After a record-breaking year of property growth, the regulator has announced limitations on how much the banks can lend. Accredited Broker believes that this will have a minimal impact. In an effort to stop stellar…
Michael Bleby| Australian Financial Review| 29 September 2021 https://www.afr.com/property/residential/housing-price-growth-tipped-to-slow-to-7pc-20210929-p58vsb Australia’s housing price growth will slow to 7 per cent next year as macroprudential controls add to the headwinds of worsening affordability, reduced immigration and incentives…
Michael Bleby| Australian Financial Review| 1 October 2021 https://www.afr.com/property/residential/how-stamp-duty-is-keeping-houses-off-the-market-20210930-p58w9x Rising stamp duty costs have contributed to a drag on the amount of housing stock coming to the market over the past 13 years, new research…
Jessica Irvine| Sydney Morning Herald| 5 October 2021 https://www.smh.com.au/business/the-economy/time-for-a-crackdown-on-liar-loans-to-douse-home-price-bonfire-20211004-p58x3g.html Since deciding to become a property investor, I’ve experienced a range of emotions, including both guilt and pride – don’t let anyone tell you it isn’t…
Tim Lawless| Corelogic| 1 October 2021 https://www.corelogic.com.au/news/september-2021-home-value-index?utm_medium=email&utm_source=newsletter&utm_campaign=20211005_propertypulse CoreLogic’s national home value index rose another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over…
Clancy Yeates| Sydney Morning Herald| 6 October 2021 APRA forces banks to raise housing assessment rates to counter risks (smh.com.au) The banking regulator is acting to quell the growing financial risks of surging house prices,…
Tim Lawless| Corelogic| 2 August 2021 https://www.corelogic.com.au/news/july-2021-home-value-index Australian housing values increased a further 1.6% in July, according to CoreLogic’s national home value index. The latest rise takes housing values 14.1% higher over the first seven…
Euana Black| The New Daily| 1 July 2021 https://thenewdaily.com.au/finance/property/2021/07/01/australian-housing-fastest-growth-since-2004/ Sydney property prices increased by about $800 a day in June as the Australian housing market recorded its fastest annual growth since April 2004. Data released…
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