Tag: APRA

HOMEBUYERS TO FURTHER BENEFIT FROM INTEREST RATE CUTS

Don Crellin Managing Director of ABN Group’s award-winning mortgage broking firm Resolve Finance, welcomed yesterday’s (June 4, 2019) decision by the Reserve Bank Board to reduce the official cash rate by 0.25 basis points to 1.25 per cent, the first of at least two expected cuts this year. “With the major banks passing on these… Read more »

ABN Group boss Dale Alcock backs APRA call to lower home loan barriers

One of the biggest players in the WA home construction industry has welcomed moves by the banking regulator to make it easier for struggling homebuyers to get a foot on the property ladder. The Australian Prudential Regulation Authority this week suggested banks change the way they assess a customer’s ability to meet their mortgage repayments… Read more »