News

Wednesday, 09 April 2025

I answered the phone last week with an excitable business development manager of a non-bank lender on the other end who knew that we deal a lot with property investors and who wanted to let us know their latest mortgage updates.

Monday, 03 March 2025

On the back of the February 19th 50 basis point cut to the Official Cash Rate, there was the very welcome sight of some interest rates, starting with a 4 again.

Wednesday, 06 November 2024

This also tends to be the vehicle that the Central Bank uses to announce relaxing or tightening of existing macroprudential tools such as the loan-to-value rules, and this year; we also get commentary on the new tool that was introduced earlier this year on July 1, which is the debt-to-income rules.

Monday, 21 October 2024

After the inexplicable commentary in May from the Reserve Bank about the high potential for rates to have to go higher, we saw them follow up the first cut in August to the Official Cash Rate with a further 50 basis points (0.5%) on the 9th of October.

Thursday, 22 August 2024

Most recent attention on mortgage rule changes has focused on debt-to-income (DTI) rules. On July 1st, the Reserve Bank also slightly relaxed loan-to-value restrictions on secondhand investment properties.