Residential News – October 2024
Business borrowing rises 32.4%
Workforce hits record levels
Govt makes key lending decision
Inflation falls to 2.7%
31/10/2024
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Business borrowing rises 32.4%
Workforce hits record levels
Govt makes key lending decision
Inflation falls to 2.7%
Business borrowing rises 32.4%
Workforce hits record levels
Govt makes key lending decision
Inflation falls to 2.7%
Business borrowing rises 32.4%
Workforce hits record levels
Govt makes key lending decision
Inflation falls to 2.7%
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
7th Dec 2021 At its board meeting today the RBA confirmed the official cash rate would remain at 0.10%. This was no surprise given that at its last meeting the bank confirmed that to consider an increase it would need to see underlying inflation between 2% and 3% on a
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