APRA ‘game-changer’ to boost prices

APRA ‘game-changer’ to boost prices. APRA’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of housing affordability in Sydney, Melbourne property markets. BD promises 85pc house price falls. sledge fund says house price falls in certain outer areas have a way to go yet.

Property prices fell one per cent nationally in January, with CoreLogic data showing a smaller decline of 0.5 per cent in April – a result tipped to be repeated for May.

The australian prudential regulation Authority (APRA) is an independent statutory authority that supervises institutions across banking, insurance and superannuation and promotes financial system stability in Australia. Consultations.

APRA’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of the downturn in Sydney, Melbourne property markets.

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Mr Byres also backed separate "game changer" superannuation legislation to give APRA powers to "up the ante" to apply tough penalties for directors and trustees of superannuation funds who breach the best interest duty. The bill will also enhance APRA’s ability to give super funds directions.

Home Business APRA ‘game-changer’ to boost prices – The Australian Financial Review

Rule changes tipped to boost house prices The Australian prudential regulation authority’s easing of mortgage serviceability rules was a ”game changer” for housing markets, said Mark Steinert, head of listed developer stockland.

Hopefully, lenders will agree with APRA’s proposal, as times have certainly been tough for borrowers. With interest rates very likely on the chopping board too, and Labor’s property tax changes no longer threatening to put downward pressure on the property market, we might start to see a more positive lending environment in the near future.

APRA ‘game-changer’ to boost prices APRA has suggested banks change the way they assess customers’ ability to meet their mortgage repayments in a move analysts say will increase the amount people can borrow, and could even stem the fall in house prices.

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13 easy things you can do to increase the value of your home, according to real-estate agents. you probably want to do everything you can to sell it at the best price possible.. "The number.