Navigating Complexities: Challenges of Refinancing Commercial Real Estate in Australia

Refinancing commercial real estate in Australia has recently become increasingly complex, presenting challenges for property owners and investors. Several factors contribute to this complication, creating a more rigorous and stringent process for those seeking to refinance their properties.
The 2023 budget measures and the property market

The Sydney market is not equally affected by interest rate increases, so it can be quite challenging to predict how rising interest rates will affect the Sydney property market.
Mortgage changes are about to hit thousands of Australians

The RBA estimates that more than 50% of households with a fixed-rate mortgage expiring in 2023 will face a 40 percent or greater increase in mortgage payments.
How do properties fare after the RBA slows interest rate hikes?

A 25 basis point increase in the cash rate was announced by the Reserve Bank of Australia at its latest board meeting. It’s the sixth consecutive rate hike, bringing the cash rate to 2.6% – the highest since 2013.
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.