I’ve seen a number of quite alarming headlines recently that there’s going to be a wave of mortgage defaults in September/ October once the relief measures like Jobkeeper and loan repayment deferrals end simultaneously. Here’s an alternative point of view… Firstly, readers can take comfort that the Australian Prudential Regulation Authority (APRA) and the banking […]
Will there really be a slew of mortgage defaults come September/ October?
Why hasn’t the property market crashed?
How much have Australian house prices fallen due to COVID19? Has the possibility of a 20-30% correction all but gone now? These questions were answered in a recent article by Dr. Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital. On 19 March, when Shane first looked at the impact of the […]
Approaching the cliff – what happens when loan deferrals and income support stops?
Article by Patrick Lynch, Head of Operations (with input by Dan Gold, broker) In a recent blog, we set out some thoughts for those experiencing financial stress due to the economic effects of COVID19, including uncertainty as to how they would meet loan obligations. We now want to provide guidance for anyone who took a […]