Consumer Confidence keeps edging higher
Consumer confidence rose 1.0 per cent last week, its fifth straight week of small but consistent gains. Anticipation of yesterday’s reopening of
Source: miragenews.com
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APRA tightens lending rules to target property boom
The prudential regulator has announced its intention to take some heat out of the housing market by raising the serviceability buffer by 50 basis points to 3 per cent.
Source: afr.com
Australia banking watchdog tightens home loan requirements
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Source: oann.com
Lending curbs no hand brake on house prices
The steep upward trajectory of house prices is unlikely to be contained by the prudential regulator’s lending curbs.
Source: afr.com
Concerns raised over impact of buffer change on FHBs
First home buyers could be hit the hardest by the latest round of credit tightening by APRA, according to some in the housing industry.
Source: mortgagebusiness.com.au