With the financial year having drawn to a close now, here’s taking the opportunity to thank you all for your support in what has truly been a fascinating year. Despite COVID our service levels have been maintained and our client feedback has remained overwhelmingly positive. We are still meeting clients around the clock (including weekends), […]
A big thank you and highlights from 2020
Big Banks announce further mortgage relief
Article by Patrick Lynch, Head of Operations Very recently – in a podcast here and article here – we discussed whether Australian Banks would have to provide further support to distressed Borrowers, before existing payment deferrals end later this year, to avoid a wave of potential defaults. Unsurprisingly, the Australian Banking Association (ABA) and major […]
Latest ABS housing finance data – refi explosion but investors retreat
The latest ABS lending indicator statistics reveal there was an explosion in refinancing in May 2020, taking total lending to owner-occupiers up to record monthly highs. If you recall this was off the back of aggressive pricing and cashback offers largely driven by the major banks. But once you strip out the massive surge of […]