Housing market records fastest annual growth since 2004

Housing market records fastest annual growth since 2004

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

Read More
Home ownership rate surges higher

Home ownership rate surges higher

Pete Wargent Blogspot| 9 August 2021 https://petewargent.blogspot.com/2021/08/home-ownership-rate-surges-higher.html There were solid preliminary auction results for Sydney over the weekend, with only slim pickings for buyers to choose over as stock listings have tightened. Melbourne had more than

Read More
Six questions to ask yourself before applying for a home loan

Six questions to ask yourself before applying for a home loan

Euan Black| The New Daily| 21 July 2021 https://thenewdaily.com.au/finance/dollars-and-sense/2021/07/21/home-loans-six-questions/ Buying your first home is a rite of passage in Australia but not something to be rushed. Thorough research and planning is essential to securing the

Read More
The Australian property market hit $8 trillion in March. It’ll likely hit $9 trillion by the end of the year.

The Australian property market hit $8 trillion in March. It’ll likely hit $9 trillion by the end of the year.

 Bianca Healey| Business Insider| 12 August 2021 https://www.msn.com/en-au/money/homeandproperty/the-australian-property-market-hit-8-trillion-in-march-it-ll-likely-hit-9-trillion-by-the-end-of-the-year/ar-AANaZt9?ocid=msedgdhp&pc=U531 The value of the Australian property market hit an astounding $8 trillion in March — and is now on track to reach its next trillion-dollar milestone by

Read More
“It is important that lending standards are maintained”

“It is important that lending standards are maintained”

The Australian housing market recorded its fastest annual growth since April 2004 and there is even a spark of life in the investor market – is this good news or bad? Over the past 12

Read More
Get your diploma before you get cut-off

Get your diploma before you get cut-off

Many brokers risk being cut off if they have not completed their mortgage broking diploma. Recent legislative changes mean brokers who want to obtain the diploma will be required to complete the new Diploma of

Read More
The reason why we are talking about a lender crackdown is to avoid actually having a lender crackdown

The reason why we are talking about a lender crackdown is to avoid actually having a lender crackdown

This week, a number of finance regulators said they were turning their mind to enforcing robust lending standards. Straight after, CBA announced it was adopting a more conservative stance in its lending policy. Accredited Broker

Read More
One in five have a liar loan: Experian

One in five have a liar loan: Experian

Michael Roddan| Australian Financial Review| 22 June 2021 https://www.afr.com/companies/financial-services/one-in-five-have-a-liar-loan-experian-20210622-p5833i One in five Australians have fibbed to the bank when applying for a loan in order to avoid being knocked back by the lender, raising concerns

Read More
APRA war games credit restrictions as household debt rises

APRA war games credit restrictions as household debt rises

James Frost and John Kehoe| Australian Financial Review| 17 June 2021 https://www.afr.com/companies/financial-services/apra-asks-banks-for-more-data-on-lending-20210617-p581rf The peak group of financial regulators have eyeballed the pick-up in home lending and the return of property investors as an emerging issue,

Read More
Banking regulators poised to tighten lending standards to cool market

Banking regulators poised to tighten lending standards to cool market

Shane Wright & Clancy Yeates| Sydney Morning Herald| 19 June 2021 https://www.smh.com.au/politics/federal/banking-regulators-poised-to-tighten-lending-standards-to-cool-market-20210618-p5823u.html The Reserve Bank and the nation’s prudential regulator are poised to tighten lending standards in the face of soaring property prices and growing

Read More
Accredited Broker