Responsible Lending Rules Maybe on Their Way Out

A new law that will roll back the responsible lending rules may well be on the cards within as little as a week. This follows a government report that stated that home loan approval was taking far too long and that the process was intrusive.

Spiralling Property Prices Force Buyers to Borrow More

As house prices spiral across the country, would-be homeowners are forced to make a plan. According to CoreLogic data, in February house prices rose at rates beyond anything we’ve seen in 17 years. Only Darwin and Perth have avoided these vast increases in price.