Melbourne was the nation’s strongest performer for industrial property in 2016, recording a 15 per cent increase in property deals for the year.
News
Lenders tighten the screws on off-the-plan apartment valuations
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21 February 2017
Borrowing for off-the-plan apartments is getting tougher as lenders crackdown on property valuations for loan approvals.
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.
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