James Mitchell

Rate rises will lead to ‘major adjustment’ in housing market: Westpac

Westpac’s chief economist Bill Evans predicts that if the RBA lifts the cash rate, the housing market will change severely.

FINANCE • Thu, 26 Oct 2017

APRA keen to 'step back from' investor lending restrictions

Restrictions placed on investors were only meant to be “temporary”, APRA’s chairman said, as the restrictions might have unintentionally caused additional profits for the ...

FINANCE • Wed, 25 Oct 2017

Investors continue to defy APRA curbs

The latest housing finance figures show that property investors bounced back over August and first home buyers returned to market.

INVESTOR STRATEGY • Fri, 13 Oct 2017

ANZ sees ‘further evidence’ of cooling property market

A combination of factors is weighing on the Australian real estate market, with ANZ flagging a continued slowdown in price growth as the industry heads into 2018.

HOTSPOTS • Tue, 19 Sep 2017

Deloitte sees ‘storm clouds’ for NSW property market

NSW and Victoria will soon be shown to have “clay feet” as reality catches up with “stupidity in housing markets”, says Deloitte’s top forecaster.

HOTSPOTS • Tue, 18 Jul 2017

NSW government announces housing reforms

The state government has announced a raft of measures to improve housing affordability, including giving first home buyers priority to property over investors and taxing ...

HOTSPOTS • Thu, 01 Jun 2017

Investors to be smashed by mortgage repricing

New capital requirements under Basel 4 could see property investors hit by rate hikes of up to 3 per cent, according to JP Morgan.

FINANCE • Thu, 16 Mar 2017

Aussies losing $8.3bn in savings every year

New research from CreditSimple.com.au reveals that Australians don’t know they can get better deals from banks, energy providers and telcos, and could collectively be ...

FINANCE • Mon, 13 Feb 2017

3 years’ jail for former Westpac home loan manager

A former Westpac home finance manager has been sentenced to three years’ imprisonment after pleading guilty to dishonest use of his position.

FINANCE • Sun, 12 Feb 2017