APRA sounds alarm on commercial property risks

Following a recent review, the prudential regulator has today warned that many banks have fallen “well short of expectations” regarding portfolio controls for commercial property.

https://www.smeadviser.com.au/news/64-apra-sounds-alarm-on-commercial-property-risks?utm_source=SME%20Adviser&utm_campaign=10_03_17&utm_medium=email&utm_content=2

Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars

A NEW breed of property investing in Australia is expanding into other money-making areas, including offshore.

Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars, is growing rapidly as investors search for ways to benefit from rising property prices.

Household debt likely to stand in the way of rate hikes

Official interest rates are at historic lows and it seems unlikely that they are going to be increasing in the near future. Furthermore, don’t expect interest rates to return to historic average levels due to record high levels of household debt.

https://www.linkedin.com/in/andrewccrossley/recent-activity/shares/

First home buyers: Stamp duty cuts for houses worth up to $600,000

This is good news for first home buyers. If the Government paved the way for more supply, and the millennial generation was prepared to buy further out then this 3 pronged approach will assist. Let’s not forget that the Andrews Government is predominately useless and should be ousted and this step of abolishing stamp duty […]

The Block, Tv illusions and make believe?

I came across this article, from Tyron Hyde, Washington Brown. I considered attending the auction, but no point. Tyron, arguably makes some good points below. I’d love to see the TV network try to prove otherwise.