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  1. Marty McDonald

    macroprudential tools on the way to curb investors?

    Disagree as usual Redom! Define speculative credit fuelled non Mum and Dad type investors, is it 2 or more IP's? What % of all investment property owners currently have 2 or more investment properties? I have no idea but wouldn't be much more than 5% of all investors I'd guess. So...
  2. Marty McDonald

    macroprudential tools on the way to curb investors?

    Correct I think we are looking at situation where they will mandate all debts need assessing at P&I over 25 years @ circa 8.50% pa like ANZ and Suncorp currently already do. The thing is this wouldn't really stop the mum and dad investors just the large portfolio holders so may not work either.
  3. Marty McDonald

    macroprudential tools on the way to curb investors?

    http://www.smh.com.au/business/the-economy/rba-looks-to-tighten-screws-on-home-loans-20140924-10l9eb.html Looks like we may be in for some policy changes that impact investors. No more servicing other banks debts at actual repayments perhaps? Looks like they won't follow NZ and apply LVR...
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