Timely Updates

COVID-19 has turned most people’s lives upside down. Many have been impacted or had their businesses closed and at this stage, all advice points to it staying this way for some time to come. While our East Brisbane Office is closed during lockdown periods, we are able to hold all

There has been much discussion in the media around APRAs increasing to the servicing buffer. But what is it – and how does it impact you? First – some background. Banks have always assessed loans at an “affordability” or “assessment” rate. This rate ensures that borrowers aren’t instantly put hardship

2021 was a record year for lending with Australians borrowing more on housing than any other year on record.

Mortgage approval rules are set to be relaxed to try to help the economy recover from COVID-19. But is this a good thing? Have you heard about the proposed changes to mortgage approval rules? It aims to relax the present restrictive laws, particularly during these challenging times of COVID-19. The goal is