Borrowing for off-the-plan apartments is getting tougher as lenders crackdown on property valuations for loan approvals.
News
Capital gains tax review has support from two major banks
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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.
Commonwealth Bank announces out-of-cycle rate hike for investors
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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.
Bankwest to ignore negative gearing criteria for loans to investors
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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.
Big jump in Australian suburbs with a $1m median house price over the last five years
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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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