This month the RBA suggested the banks increase their interest rates to try and slow the lending for property and also to give a boost to their balance sheets. This has worked to a degree with many investors having to turn to the non-bank lenders to settle their property purchases.
As 1 in 3 homeowners have at least one investment property it will make an impact on future purchases. We have included an article on how the great Australian dream is now getting out of reach.
Finally back to Europe again and some see the Greek exit as inevitable. Michael Collins from Fidelity gives us his views on where to for Greece.
It’s been a cold winter downunder but spring is in the air.
Give me a call on (02) 8969 6970 if you would like to discuss a Property Purchase, Mortgage or your Insurance requirements
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