Markets

UBS has pinpointed the exact moment Australians caught the property bug

The residential mortgage loan books at Aussie banks are huge, but at least regulators are remaining vigilant in their efforts to monitor the sector. That’s the view of UBS in a research note called Housing Bubble Watch, which provided some historical perspective on the incredible growth of household mortgage debt […]
UBS has pinpointed the exact moment Australians caught the property bug
Markets

Australian investor home loan lending is plummeting

Australian home loan financing stalled in September with the ABS reporting a decline of 1.6% to $33.368 billion. While the overall level of financing fell, there were stark differences between the amount lent to owner-occupiers compared to housing investors. Lending to owner-occupiers increased by 3.0% to $21.046 billion, continuing the […]
Australian investor home loan lending is plummeting