Category: Interest Rates

Follow our Smartline blog for up to date latest Australian finance and property news.

apra restrictions

Loan restrictions in place until household debt stabilises

Earlier this year, the Australian Prudential Regulation Authority (APRA) placed restrictions on investor lending and interest-only loans to address housing affordability, and potential mortgage stress. At the time, interest-only loans accounted for almost 40 per cent of lending. APRA Chairman Wayne Byres recently told building societies and credit unions that restrictions will remain in place […]

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What’s the outlook for the cash rate?

It’s been 13 months since the Reserve Bank of Australia (RBA) last changed the current 1.5 per cent cash rate. Consensus among academics suggests there’s little chance of a change to the cash rate any time soon. While some countries, including the US and Canada, have started to raise interest rates after a period, and […]

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property negotiation meeting

RBA takes a more positive stance

The housing market remained a focus for the Reserve Bank of Australia (RBA) in its most recent meeting minutes. Mixed conditions perpetuate across the nation in different housing markets. But the central bank also noted economic conditions were improving. In the minutes, the board noted there had been a drop in residential real estate investments […]

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The difference between owner-occupier and investor interest rates

New regulations have changed the way financial institutions set interest rates. There’s now a bigger difference between the rate borrowers are charged when they buy a property to live in, compared to loans taken out by investors who don’t live in their properties. This means the rate available could be cheaper for owner occupiers. The new […]

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Negative Gearing, is it a Rort?

Best “pro” discussion on negative gearing I have heard for some time (and I note the irony that there is very little commentary on investors being slugged again over the last week (pre RBA meeting) with out of cycle interest rate increases, which amount to higher costs in running their “property business”):   The first […]

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Client stories

Ivan Marsic and Tanja Brinkman

When Ivan Marsic and his wife Tanja Brinkman decided they wanted to knock down their house and build a duplex, they didn’t...

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Matt Richardson

Running his own successful IT project management business while growing his investment property portfolio means Matt Richardson...

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Udaya and Nita Lohani

With their family having outgrown the two-bedroom unit they had lived in for seven years, Udaya and Nita Lohani knew the time was...

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