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Happy New Year everyone. It’s traditional to start with resolutions, but we’re a bit different at Long Property and wanted to highlight the challenges that made 2019 interesting from a Lending (& property) viewpoint. Where to start? Listen to the podcast, where you’ll hear Dan and Patrick discuss:
- The tough start to 2019 with a Lending environment, due to more thorough assessment including how living expenses were being viewed, that wasn’t conducive to borrowers.
- How, alongside uncertainty surrounding the Election and the Royal Commission into Banking, the Property Markets in Melbourne and Sydney were responding.
- Improvements post-election, including a relaxing of assessment rates by the returned Coalition Government, Reserve Bank interest rate cuts and changes to assessment Rates.
- Some achievements of Long Property, including activity and awards.
We hope you enjoy – next time, we’ll look at the 2020 crystal ball. If you’ve any questions you’d like us to answer, please email us.
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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
