Banking regulator steps in as lower rates, record home prices see lift in risky loans
New lending limits on high-debt borrowers could spur a rush of activity ahead of February, when the new measures will be enforced. Click here to view:
Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across Australia in 2023.Despite many predictions of a catastrophic fall in house prices in 2023, they did in fact move in the opposite direction. Leading the way has been Perth but the combination of strong population growth and a shortage of homes was enough to combat rising interest rates. As interest rates head close to peak, it is expected that price growth will continue.
New lending limits on high-debt borrowers could spur a rush of activity ahead of February, when the new measures will be enforced. Click here to view:
Interest rates and inflation have been hot topics when it comes to the Australian property market in 2025, and as the year draws to a close, experts say all eyes will be closely set on these subjects in the year ahead. Click here to view: