Citi's crackdown on overseas property buyers
Citigroup is set to limit overseas mortgage lending to elite high net worth clients with minimum deposits or investments of $250,000.
Duncan Hughes, Reporter
Duncan Hughes writes on Real Estate specialising in Commercial, Residential. Duncan is based in our Melbourne newsroom.
MOST RECENT ARTICLES
'These are not short-term investments'
Lisa Llewellyn, a Sydney marketing consultant, has purchased two investment apartments during the past 10 years intending to generate capital gains for topping up retirement income.
More than 1m face mortgage strife
More than a million home owners will struggle with mortgage stress if interest rates were to rise just three percentage points.
More property lenders hit APRA speed limits
Property investors face a double whammy as lenders respond to regulators' tough line on lending by tightening polices and introducing new fees.
Westpac taken to court over lending breaches
Westpac failed to properly assess whether potential borrowers could repay their home loans, ASIC has alleged.
CBA and other lenders raise rates and fees
CBA and other lenders are increasing borrowing rates, cutting discounts and revamping products to meet strong buyer demand for property.
Real estate lease-back deals: ASIC warning
Popular investment property leasing strategies are under scrutiny to ensure investors are across the deal.
CBA sends $1b a month of home loans packing
CBA's decision to raise rates and tighten conditions on property investors has sent $1 billion a month to smaller lenders.
Buying off the plan just got tough
Lenders are making it harder for off-the-plan apartment buyers with tough conditions for loan approval valuations.
ASIC goes undercover to expose property spruikers
ASIC investigators pretending to be investors will be used to pursue property spruikers and identify shonky practices in a planned probe in...
SMSFs with $10m in assets rise by 25 a month
About 25 self-managed super funds a month are hitting more than $10 million worth of assets, the Tax Office has revealed.
AMP halts some investor home loans
AMP, the nation's largest diversified financial conglomerate, is slamming the brakes on investor property lending for the second time in 18 ...
Boot out bum super boards, says APRA boss
APRA will force the boards of the nation's worst superannuation funds out of the industry unless they improve their performance.
Macquarie Bank plans new property crackdown
Macquarie Bank's interest-only property borrowers will have to disclose their spending on everything from footy to fashion.
Bankwest under fire for lending changes
Bankwest has come under fire for its "brutal" and "deeply concerning" axing of negative gearing benefits.
BankWest to axe negative gearing tax breaks
Bankwest is set to rock the nation's $1 trillion mortgage market by announcing plans to axe negative gearing benefits that drive lucrative r...
NAB campaigns for CBA loan rejects
NAB has implicitly accused CBA, BankWest of losing their lending appetite, launching a campaign to poach disaffected property borrowers.
CBA stops some property investor loans
Commonwealth Bank of Australia is set to announce that it won't accept new applications for investment home loans from investors switching f...
Reverse mortgages set for a forward move
Options for older house owners to tap into home-equity have more than halved in the past 12 months but that may be about to change.
How to make a career comeback on your own terms
Franchising is attracting increasing numbers of retirees and younger people - here's how to make it work for you.
More
