How APRA's regulatory measure are affecting the Property market

In December 2014, APRA made the first moves to tighten up the mortgage lending industry to deliberately slow a market that it judged to be overheated. These ‘macroprudential’ measures did not include any hard policy changes, but were instead aimed at highlighting areas they would supervise more tightly. In particular, they were interested in keeping lending to property investors…

Further Rate Pain Ahead For Investors

Average investment growth across all banks is softening but is still higher than APRA’s recommended 10%. On top of this, Westpac has recorded a 4.2% decline in investment lending – but still remains biggest investment lender in country, with loan book of $149 billion. Graham Cooke, Insights Analyst, at commented: “ analysis shows investment lending…

Investment properties change their spots to avoid premiums

Owner occupier housing finance commitments take a step up but all may not be as it seems. The Australian Bureau of Statistics (ABS) released housing finance data for August 2015 earlier this week.  The data broadly showed a further pick-up in owner occupier lending and a slowing in investor lending.  It is important to reconcile…

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