Banking regulators are tightening the screw on profitable interest-only loans in case things go sour in an economic downturn.
News
House prices for July buck sluggish economy
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15 August 2016
Australian capital city house prices continued to push upwards in July despite the sluggish economy.
Interest rate cut to put the squeeze on property availability
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04 August 2016
Real estate agents say the RBA interest rate cut will kick-start more buyers trying to get hold of property in an already low-supplied market.
Banks under fire for not passing on RBA rate cut in full
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03 August 2016
The main financial lenders in Australia are not passing on yesterday’s RBA interest rate cut in full, possibly slowing the central bank’s attempts to stimulate the economy.
Apartment construction could drop 50% by 2020
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02 August 2016
The boom in apartment building looks set to end, with new research predicting a 50 per cent reduction by 2020.
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