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As I've said repeatedly on SS, 2015 is a year where policymakers are making significant interventions in the lending market (in particular to investors). To date, these have been regulator-induced changes that try to protect against 'asset bubbles' forming and the associated pain (I may post...

One of the least sexy parts of growing a portfolio is managing the risks associated with holding large exposures to mortgage debt. The most commonly talked about risk is interest rate rises and what sort of a 'buffer' investors should hold. However, a risk that often doesn't get enough...

For those interested, I thought it was worth sharing some principles that allows investors on average incomes to grow multi-million dollar portfolios. The most common response I get when I talk about borrowing power with clients in todays low rate environment is a sense of shock/excitement...

Hi legal experts, I've got a client who is looking into purchasing an NRAS property where the real estate agent asking for a $500 non-refundable deposit to hold a property. The problem is, they can't: 1. Provide them a copy of the contract before putting down my deposit (its not ready for...

Hey all, an update on lending market sentiment following the rate cut and speaking to my core lenders through the week. I touched recently on changes coming in the lending market for 2015 and how it could impact different investing strategies (link...

Its late and i'm still running on adrenalin - have I missed a thread on this altogether? Absolutely amazing win by Australia tonight, atmosphere was great and the game matched it. Fantastic to see football's (soccer) presence growing in Australia so quickly! Hope others enjoyed it! Anyone...

ME Bank just dropped its 5 year fixed rate from 4.94% to 4.69%. Great offering!

The lending environment is tightening in 2015 following APRA's latest actions in late 2014 (a cautionary word to the banks). In the year ahead, I expect a 'gradual tightening' in lending policy to occur. Credit growth is set to continue in 2015 and potentially accelerate past the 10%...

I've been asked a lot of questions recently about how different types of income/expenses change people's borrowing power. I'm sure other brokers on SS are asked about this too. Some general rules that I like to use are below. Hopefully it's of some use to the SS community. When applying...

Heya, Long time coming, another step up from APRA in supervising lending standards through the current upswing in the housing cycle. No specific action but focussing on the 'counselling' of lenders to ensure prudent standards. I'm not sure how this will flow through to investors, but it...

Heya, There's a fair bit of debate across SS on what?s going to happen to property prices. There seems to be a view that what?s transpired over the last 30 years may happen again. Fingers crossed! Digging a little deeper though, thought it'd be worth getting people?s views (especially...

Todays news is reporting that living standards are set to fall over the medium run without significant productivity improvements, with some high profile economists/ex political leaders talking at some forum. Pretty consistent message coming out of Canberra over the last 12 months trying to...

Any thoughts from the Canberra locals on the state of the market post budget announcement? From the open homes I've been to, it was very slow before the budget...and its still very slow now. Not that that's the story i'm hearing from agents though! Seems like lots of supply is going up...but...