Sydney-centric property focus is futile

Sydney is not Australia. There, I’ve said it.


(existing subscribers)

The password field is case sensitive.
Request new password


Just a small fact check. Gavin Hegney said today on ABC Radio that Banks are now assessing loan applicants on the basis of the ability to service a loan at 7% even though rates are 4%. Interest only loans are being more heavily sucritinised as well.

Tim is post on with his opinions here. Also the 7% assessment is correct for some banks assessment mainly for investors , Gavin said from memory . He appears to concur with Tim also . Once the market falls in Sydney all that is left is the debt ,sometimes at , or above , the changed value. That's where it's unfortunate for people .

Add your comment


6th-Australian Institute of Management WA20,000
7th-Murdoch University17,883
8th↓South Regional TAFE10,835
9th-Central Regional TAFE10,000
10th-Training Course Experts10,000
50 tertiary education & training providers ranked by total number of students in WA

BNiQ Disclaimer