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Author: Accredited Broker

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‘No strong case’ for near-term interest rate hike RBA

Vesna Poljak| Australian Financial Review| 17 July 2018 https://www.afr.com/markets/rba-on-close-and-careful-watch-of-household-debt-20180717-h12rvq The Reserve Bank of Australia has declared it will remain vigilant around high levels of household indebtedness, leading economists to conclude that the central bank needs

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Bankwest focuses on broker training amid accreditation changes

Charbel Kadib| The Adviser| 17 July 2018 https://www.theadviser.com.au/breaking-news/38009-bank-accreditation-changes-emphasise-broker-training Bankwest’s general manager of third party has said that the bank is putting “extra assets” into training of new-to-industry brokers as well as lifting its accreditation requirements.

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Home loan crackdown ‘heavy lifting’has been done by banks, says APRA

Clancy Yeates| Sydney Morning Herald| 11 July 2018 https://www.smh.com.au/business/banking-and-finance/home-loan-crackdown-heavy-lifting-has-been-done-by-banks-says-apra-20180711-p4zqsd.html Australia's banks have largely completed a long-running campaign to bolster their mortgage lending standards, the financial regulator says, signalling it will not force banks to further slam

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Banks ramp up sharing of ‘positive’data on customers, despite concerns

Clancy Yeates| Sydney Morning Herald| 16 July 2018 https://www.smh.com.au/business/banking-and-finance/banks-ramp-up-sharing-of-positive-data-on-customers-despite-concerns-20180713-p4zray.html Banks are on track to address a key "blind spot" in their lending assessments by early next year, as several of the country's biggest lenders finally

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Broking profession a career beacon

Annie Kane| The Adviser| 11 July 2018 https://www.theadviser.com.au/breaking-news/37986-broking-profession-a-career-beacon Broking continues to be a “beacon” for those seeking a career change as well as for accountants and other financial services providers, the founder of an education

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Airbnb regulation needs to distinguish between sharing and plain old commercial letting

Laura Crommelin, Chris Martin, Laurence Troy|  The Conversation| 5 June 2018 https://theconversation.com/airbnb-regulation-needs-to-distinguish-between-sharing-and-plain-old-commercial-letting-97613 Airbnb and other short-term letting websites have been a hot topic of debate for some time. In New South Wales, it seems the

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Finding it harder to get a loan? Here’s why

Ashlynne McGhee| 7.30| 16 July 2018 http://www.abc.net.au/news/2018-07-16/finding-it-harder-to-get-a-loan-heres-why/9999912 It's harder to get a loan in Australia right now than it has been in years. The big banks have been whacked by the financial services royal commission

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Housing Downturn Shallow and Short-lived

Mark Mulligan| Australian Financial Review| 21 June 2018 http://www.afr.com/markets/housing-downturn-shallow-and-shortlived-says-corelogic-and-moodys-20180621-h11nqd Australia's housing slump could prove short-lived, according to a report from CoreLogic and Moody's, with solid employment growth, loose monetary policy, decelerating supply and easing of

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Auction Clearance Rates Have Plummeted, but Vendors Shouldn’t Fear the pass-in

Isabelle Lane| The New Daily| 15 June 2018 https://thenewdaily.com.au/money/property/2018/06/15/auction-clearance-rates-vendors-negotiate/ The number of homes selling at auction has fallen sharply this year, but vendors are still sealing the deal after their properties are passed in. Cooling real estate markets in

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Adelaide is Now Australia’s Cheapest Capital City

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

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