Melbourne’s auction market had another steady spring-time weekend despite mounting uncertainty about the property market’s future strength.
News
Small lenders to snaffle bigger market share as rate gap with major banks increases
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12 November 2015
The gap between home loan interest rates being offered by the major banks and the rest has effectively doubled according to comparison website Mozo.
Lending to property investors has fallen for September
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11 November 2015
The demand for finance from housing investors has started to slide, most likely off the back of tighter lending restrictions and recent interest rate hikes from banks.
New Turnbull Government looking at broadening the GST to include financial services
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09 November 2015
The Turnbull Government is looking at the possibility of extending the GST to financial services to pay for a cut to the company tax rate.
Banks have understated investor loans says RBA deputy governor
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05 November 2015
An RBA official says Australian banks have understated the value of investor loans and it justifies the decision from regulators to crack down on investor loans.
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