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Property Market Update – November 2021

The Spring selling season is starting to heat up now that lockdowns have eased, with plenty of new listings coming on to the market. Nationally, new listings surged 28.8% in the four weeks to mid-October. Experts say stock levels are likely to continue to rise in the coming weeks, but we may see the usual […]

Recent changes to how lenders have to assess borrowing capacity

Recent changes to how lenders have to assess borrowing capacity for home loans will make it harder for some to borrow what they want. We’ve broken down what the changes are and what they could mean for you. What’s changed? On 6 October the Australian Prudential Regulation Authority (APRA) announced that lenders need to assess […]

Lending & Property Update – October 2021

October 2021 is shaping up to be a very much compliance-oriented month, with two important pieces of royal commission driven legislation taking effect, and the Australian Prudential Regulation Authority (APRA) announcing new measures designed to cool the extensive capital growth seen across all sectors of the property market. Design and Distribution Obligations (DDO) was launched […]