Industry heavyweights weigh up impacts of lending change

Doug Daniell Uncategorized Leave a Comment

The Adviser Magazine Industry heavyweights weigh up impacts of lending change http://www.theadviser.com.au/breaking-news/32697-industry-heavyweights-weigh-up-impacts-of-lending-changes?utm_source=The+Adviser&utm_campaign=The_Adviser_Bulletin10_08_2015&utm_medium=email The Adviser Magazine Written by Adam Zuchetti August 10, 2015 The recent changes to investor lending and bank capitalisation requirements have sparked intense debate among industry leaders, particularly regarding their implications for brokers, consumers and the wider economy. The Australian Prudential Regulation Authority (APRA) has been relentless in …

Yes, The Screw Has Turned

Graeme Salt Uncategorized Leave a Comment

You heard it here first. In May I said that the screws were being turned to cool down lending on investor properties.  You can read this by clicking here. Now, the Australian Bureau of Statistics has reported that the number of home loan approvals fell by 6.1 per cent in May. Financial regulators have expressed concern about an overheating (investor) property …