Mortgage brokers have another win from the federal government after buying more time to earn commissions for draw downs on extra debt.
Making poor decisions in your first foray into the property market can cost dearly so it’s important to avoid the avoidable.
Australian Competition and Consumer Commission chairman Rod Sims says the gap is a show of disrespect from the banks towards their loyal customers.
Major think tank player the Grattan Institute says the new federal government plan to help first home-buyers afford a deposit is ineffective and might even be counterproductive.
High net-worth investors are behind a big surge in capital being invested in the commercial property sector around the country.