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I also remember reading that. It always stood out to me and made a lot of sense.

Thanks Jamie, I thought that might have been the case

ok, so when a bank assesses negative gearing for a loan application it is only in regards to the future IP loan and not for previous loans that may have negative gearing benefits?

Is this for investors, owner occs, or both?

This thread is going to be an interesting read as this all unfolds. As somebody starting out and still learning everyday, it is going to be interesting to see how peoples strategy develops and changes at this point in time, As Rolf says - 'this too will pass'

Certainly, some people can't accept LMI as a cost of doing business and enabling leverage. What I'm trying to understand is how affected would someone be relying on equity releases at 90% to fund a new loan at 95%+, I'm guessing it may be more difficult than someone using cash and a new loan at...

How will these changes likely affect an aggressive investor who has purchased several IPs in the last couple of years at high LVRs with lower income/buffers and have also relied on equity for deposits? We thought about going down this path but are entering the stage in life where we are looking...