Articles

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 and the media for lax lending standards. And it seems they’re taking note. Figures from the Australian Prudential Regulation Authority […]

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 some controls on lending helping to lift prices across the country after this year’s shallow dip. CoreLogic-Moody Analytics’ latest Home […]

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 Sydney and Melbourne are behind the drop in auction clearance rates, as buyers and sellers adapt to a post- price-boom landscape. There […]

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 a decade. Adelaide is now the nation’s most affordable capital city, with a median house price of $470,000, according to new […]

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 the past year while deposits grew by 5.9 per cent over the same period. Total customer-owned banking sector assets have […]

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 AMP’s Amplify Festival in Sydney on Wednesday (13 June), the CEO of banking technology provider Moven said that as lending […]