(Bloomberg) – Australia’s soggy housing market just got another shot in the arm. The banking regulator Tuesday proposed easing lending rules that will allow home-buyers to borrow more, and central bank Governor Philip Lowe said policymakers will consider the case for cutting interest rates at its next meeting in two weeks’ time.

The Australian. of borrowing, first home buyers will be the biggest ones to be affected, they’re already tight on budget, they’re already tight on deposit," Mr Pappas told SBS News. Both sides of.

The banking regulator Tuesday proposed easing lending rules that will allow home-buyers to borrow more, and central bank Governor Philip Lowe said policymakers will consider the case for cutting interest rates at its next meeting in two weeks’ time. SYDNEY, May 1 (Reuters) – Home prices across Australia’s major cities eased for a.

Challenge to Sturgeon on cronyism’ Nicola Sturgeon on challenges facing the SNP | Holyrood Magazine – Coming on top of claims of cronyism following the Scottish Government’s award of 150,000 to the company behind T in the Park, for whom a former SNP government special adviser was working, and continued finger-pointing from the opposition parties about the SNP’s record on health, education and justice, you would be justified in thinking that some of the shine has come off what has been an extraordinary year for the SNP.

Australia’s soggy housing market just got another shot in the arm. The banking regulator Tuesday proposed easing lending rules that will allow home-buyers to borrow more, and central bank Governor Philip Lowe said policymakers will consider the case for cutting interest rates at its next meeting in two weeks’ time.

The Australian. would see their borrowing capacity rise by $77,000. Mortgage broker, and partner at Melbourne’s UFinancial, Daniel Rainey said he was hopeful an assessment floor reduction by the.

Westpac and ANZ have stopped issuing home loans to foreign. Last year banks were required to cut lending to borrowers buying an Auckland investment property with a deposit of less than 30 per cent.

All Exercises Home Decor Leisure. Home Decor. Housing starts set to spring back by 2020. home decor. 4 effective Updates to a bathroom remodel.. latest Shift in Growth Strategy at Lloyd’s Calls for More U.S.. Inspiration. CNA Hardy reveals business confidence slip as reputation risk rises.

Philip Green’s retail rescue plan at risk over pension scheme The company which owns Topshop has received backing for a rescue deal (picture: pa) Sir Philip Green’s Arcadia retail group has narrowly secured backing for plans to close numerous stores in a.

Australia shares rise on eased home loans, c.bank comments; NZ down.. May 21 (Reuters) – australian shares advanced on Tuesday, boosted by financials after mortgage rules were eased in a bid to spur borrowing and the chance of a June interest rate cut increased.

MORE STORIES ‘The credit fuse has been lit’: Australia is heading for an economic crisis after new rules make it much easier for people to get massive mortgages, experts warn

Categories: Mortgage News