A leading financial CEO says banks are considering riskier lending as the Melbourne property market softens and it’s first-home buyers that are most looking to get involved.
News
Home building costs on the rise in Victoria
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13 February 2018
It’s getting more expensive to build homes in Victoria with building costs rising 5 per cent last year.
Official interest rates look set to stay at 1.5% for some time yet
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09 February 2018
In their opening statement for the year, the Reserve Bank has indicated that any movement in rates in the current economic climate would be a slow-moving affair.
Productivity Commission wants brokers to put customers before banks
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08 February 2018
The Productivity Commission has raised concerns about mortgage brokers as part of its report on competition in financial services.
Home lending restrictions 'malleable': Treasurer
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07 February 2018
Treasurer Scott Morrison has spoken to Australian Financial Review while in the US, and said financial regulators may ease back on home lending restrictions.
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