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Gen Y hunting for that elusive digital mortgage. 

April 12, 2017

Digital? When it comes to applying for a mortgage, 76% of Gen Y professionals want to have a face-to-face conversation with a broker or lender. A new report by professional services firm KPMG, entitled Banking on the Future, surveyed over 1,400 professionals in Gen Y (defined as being between 18 and 30 years old). Despite […]

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Interest rate update!

April 4, 2017

The RBA has opted to leave the official cash rate on hold at 1.5%. At its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. As widely predicted, the RBA has kept rates on hold as it continues to work in unison with the regulators to stem concerns around […]

RBA-April-Rate-2017

APRA on ‘high alert’ as investor lending soars

April 2, 2017

APRA on ‘high alert’ as investor lending soars Housing finance commitments posted further growth in January, driven by the investor segment. While the value of owner-occupied housing finance fell by 0.2 per cent over the month, investor lending was up 4.2 per cent to be 27.5 per cent higher over the year. ANZ Research noted […]

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