Trail is on the chopping block in the yet-to-be-released PC report, according to The Australian
Brokers’ favourite aggregators are the ones that are innovating, constantly communicating and backing them up
Rightly said, why the whole country should be paying the price for current investment rush in Sydney and Melbourne, Also why higher Int rates for existing loans. New investors should decide they want to enter the market at current levels or not. The investors who took out loans earlier before current market boom should not be paying higher int rates like owner occupiers.
I agree re Sydney - why impact on the rest of Aust when it not really required as the rest of Aust hasn't boomed like Sydney - FYI in Auckland they introduced a minimum 20% deposit for investment property purchases in "downtown Auckland" only, leaving the rest of NZ to proceed as normal. Why not do the same for certain postcodes in Sydney?
Totally agree with Virendra Anand - why should the whole country be penalised for increasing investment in Sydney. We received notification that existing investors will also be penalised - why? They have already had their loan approved and the interest rate should go up (or down) according to RBA direction, it appears as though it is just a money grabbing effort by the banks.
You are about to submit your comment. Please ensure it is:
If you prefer not to post but want to get your viewpoint across, you can always
email the editor
When it comes to major purchases customers still want to see a professional in-person
But regardless of age or experience, their top challenges are lead generation and keeping up with lender and compliance changes
We celebrate some of the best BDMs in the business and look at how brokers and BDMs can get the most out of these crucial partnerships
Mortgage Choice's decision to prioritise shareholders over hard-working franchisees will be long remembered by the broker market
About half of regional SMEs see opportunities for growth, but the new reach of online businesses could pose a threat
Debating the hot issues that could alter the future of broking