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 …