This Week In Australian Property #22
Firstly, I need to apologise for not putting out a newsletter last week. I blame childcare! My son started two weeks ago, and I’ve been sick ever since!
A lot has been going on in the property arena post the Federal Budget.
We’re seeing lender policies tightening particularly around interest-only loans, warnings of slow downs in property development, house prices falling on the back of the recent restrictions on investment loans, and WA have removed their only recently introduced boost to the home owners grant.
Amusingly, the avocado toast theory has made it to New York :), and lastly this week I’ve included some beach house inspiration from furniture designer Mark Tuckey.
Trending this week
CBA Tightens Policy On Interest-Only Loans
CBA tightens policies on interest-only home loans, removing incentives to refinance loans.
Developers Warn Of Dramatic Slowdown Over Stamp Duty Changes
Property developers are leading a revolt against the Victorian government's stamp duty changes.
Home Prices Fall Again As Investment Loans Drop To Lowest Level in 10 Months
Home loans to investors have fallen to the lowest level in 10 months.
WA First Home Buyer Grant Slashed By $5000
WA's first home owner grant to be cut back to $10,000.
An Open Letter From Millennials to Rich Guys With Opinions About Avocado Toast
Avocado toast theory reaches New York!
Louella And Mark Tuckeys Coastal Home
Looking for some beach side renovation inspiration? Check out Mark Tuckey's home!
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