News

Lenders tighten the screws on off-the-plan apartment valuations
21 February 2017

Borrowing for off-the-plan apartments is getting tougher as lenders crackdown on property valuations for loan approvals.

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Capital gains tax review has support from two major banks
20 February 2017

Two of the country’s big four banks say changes to capital gains tax should at least be considered to help reduce property demand and assist with affordability.

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Commonwealth Bank announces out-of-cycle rate hike for investors
17 February 2017

In a further sign of lender crackdown, the Commonwealth Bank has made an out-of-cycle interest rate hike to investor loans.

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Bankwest to ignore negative gearing criteria for loans to investors
15 February 2017

In efforts to tighten lending, Bankwest has decided it will ignore negative gearing tax benefits for property investors when it calculates loan eligibility serviceability.

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Big jump in Australian suburbs with a $1m median house price over the last five years
14 February 2017

CoreLogic have released a fun stat this week – particularly fun if you’re a homeowner, not so much if you’re trying to become one.

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