First time buyers

Is the transfer of Intergenerational Wealth the new “Bank of Mum and Dad”

folder_openBrisbane, First time buyers, Home buying & selling, Melbourne, Sydney
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An unintended consequence of the housing market boom is the accumulation in personal wealth, with the Productivity Commission this week releasing a report that inheritances are rising dramatically. In 2018 the average inheritance was about $125,000 but this is expected…
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Home Loans

It just got harder to get a home loan – Here’s what APRA’s tightened lending standards mean for borrowers

  As forecast last week by your truly, skyrocketing house prices in most markets are putting the financial regulators under pressure to take action – and this week they have. The Australian Prudential Regulation Authority (APRA – the body in…
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