Francesca Krakue

Housing and property ‘big issue’ on APRA’s agenda

APRA chairman Wayne Byres has admitted that alarm bells have been “going off softly” for APRA regarding the nation’s burgeoning household debt and that “we are in an ...

PROPERTY • Sun, 04 Jun 2017

Regional markets showing ‘substantial’ LVR variability

Fresh figures from CoreLogic and Equifax have revealed that average application LVRs in regional housing markets are exhibiting high levels of variation across mining and ...

ECONOMY • Sun, 04 Jun 2017

Lender raises rates by 76bps

A non-major bank has increased the variable interest rate on owner-occupier home loans by 76 basis points, effective immediately.

LENDER • Fri, 02 Jun 2017

IO lending has ‘much further to fall’

CoreLogic has stressed that there is “a lot more work to do” for ADIs in the IO lending space, although the latest figures from APRA show a year-on-year slowdown in ...

LENDER • Wed, 31 May 2017

Regulatory flux driving down average application LVR

Higher property prices, along with lenders’ changing appetites and regulatory flux in the industry, are driving down the national average application LVR according to ...

REGULATION • Tue, 30 May 2017

Treasury sounds alarm on ‘risky’ housing market

The Treasury secretary has stressed that developments in the housing market continue to pose a risk to the economy, his second warning over housing in less than a week.

ECONOMY • Mon, 29 May 2017

Big four bank announces IO lending changes

A major bank has revealed that it is changing its maximum LVR for interest-only loans, effective 10 June.

LENDER • Mon, 29 May 2017

Oversupply commentary ‘overly alarmist,’ NAB says

The major bank has emphasised that although the apartment construction pipeline is two times higher than historical norms, much of the commentary in the public domain is ...

LENDER • Sun, 28 May 2017

Housing construction posts ‘significant fall’

Construction activity was weaker than expected in the first quarter of the year, hindered by a decline in residential building.

ECONOMY • Sun, 28 May 2017