Ahead of the likely elections next year, the group listed some key policies to ensure the housing market withstands the impact of the pandemic
Providing tax breaks for older investors and buyers could be a more effective way of improving housing affordability.
Bridge loan borrowers only need to fill out a five-minute online form to get a pre-approval within an hour.
APRA’s recent move might have little impact, but it could be just a start of a series of restrictions to reduce financial stability risks, experts say.
Experts say the new serviceability rules would have “little impact” on owner-occupiers and are more like to impact investors.
The borrowing capacity of mortgage applicants will be reduced by as much as 5%.
The central bank is likely to keep the cash rate untouched until 2024.
Regulators are in talks about possible restrictions in lending based on debt-to-income ratios.