Winter is usually the quiet period for property market news, but with the recent tightening of controls on investment lending by the Australian Prudential Regulatory Authority (APRA), there has been a lot happening, particularly with interest rates. Even though the Reserve Bank of Australia (RBA) decided to keep the official cash rate on hold at [...]
As APRA tightens the rules on property investment lending, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.0% during its August meeting today. The news was widely expected by analysts as the RBA waits for business and consumer confidence to improve following its rate cuts in February [...]
With interest rates at all-time record lows, property has recently become very attractive to a wider range of investors. The media is full of articles and commentaries talking about using property to help fund retirement, with many even talking about it as a means to completely replace an employment income so they can quit work [...]
There are currently numerous changes coming through at the moment, mostly surrounding investment loans. These changes are predominantly a result of the restrictions that APRA are currently imposing on the lending institutions around investment lending to try curb this type of lending. Overview of key changes ANZ Effective 10 August 2015, ANZ is changing its [...]
Some of you may have heard that APRA has cracked down on investment lending, influencing many lending institutions to review their investment lending policies. But we imagine for the majority of you, it's a case of "APRA, who?". In short, APRA are making some changes to investment loans, and we thought you would like to [...]
Property investment has always been popular in Australia However, like all forms of investment, there are loads of variables involved and it's easy to make expensive mistakes. Building wealth through property investment can be a lot of work – particularly if you're new to property investment and are not aware of exactly what's required. In [...]
Happy New Financial Year! We hope that tax time is not proving to be too tedious for you and you're looking forward to getting a great tax refund this year. We've had loads of refinance and investment related queries lately, so this month's newsletter is focused on property investment. First, let's start with the interest [...]
At its first meeting for the new financial year, the Reserve Bank of Australia (RBA) has today elected to keep the official cash rate on hold at 2.0%. The news was widely expected by analysts as the RBA waits for the economy to adjust to its rate cuts in February and May this year. With [...]
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In a hot property market like we're experiencing at the moment, it can be difficult to beat the competition at auction. And with auction clearance rates running at around 80% in most capital cities, it's clear that the majority of bidders miss out on the property they've chosen when the auction gavel comes down. So, [...]
