Search Results for: mortgage stress

Interest Only Loans Up To 43.2% In June – APRA

APRA just released their quarterly data on housing exposures of the Authorised Deposit-taking Institutions in Australia for the June 2014 quarter. As at 30 June 2014, the total of residential term loans to households held by all ADIs was $1.23 trillion. This is an increase of $29.7 billion (2.5 per cent) on 31 March 2014 … Continue reading “Interest Only Loans Up To 43.2% In June – APRA”

June Housing Finance Up 1% – ABS

The ABS published their housing finance data today to June 2014. In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 1.0%. The value of commitments grew faster than the number of transaction, so the average loan size is increasing. Growth in NSW, WA and TAS was faster than … Continue reading “June Housing Finance Up 1% – ABS”

Why Enticing First Time Buyers With Super Is A Bad Idea

We know that first time buyers are sitting on the sidelines, as shown in our recent surveys. The biggest barrier is price. Many are desperate to enter the market and would jump at any additional incentive. No surprise then to see proposals popping up from time to time to try and assist first time buyers. … Continue reading “Why Enticing First Time Buyers With Super Is A Bad Idea”