News

There are just 3,170 deferred mortgages remaining with Australia’s largest lenders. Banks say the worst is now over.

The Australian economy appears to have undergone an “impressive recovery” after hundreds of thousands of loan deferrals were finalised. New figures released by the Australian Banking Association (ABA) shows less than 5,000 loan deferrals remain outstanding across Australian businesses and households. With the figures timestamped to before the end of […]
There are just 3,170 deferred mortgages remaining with Australia’s largest lenders. Banks say the worst is now over.
Markets

It just got easier to get a home loan in New Zealand

The Reserve Bank of New Zealand (RBNZ) has announced plans to roll back home lending restrictions in its semi-annual Financial Stability Report released this morning. The changes will ease the minimum requirements around loan-to-value (LVR) ratios for both owner-occupier and investor loans. Here are the revisions outlined by the RBNZ, […]
It just got easier to get a home loan in New Zealand