Monthly Archives: May 2018

S&P flags risks of reduced access to refinancing – Mortgage Business Online

As read online – The ratings agency has warned that a further tightening in lending standards could limit borrowers’ ability to reduce financial stress by refinancing their home loan. In its RMBS Arrears Statistics: Australia report, Standard & Poor’s (S&P) noted that it expects lending standards to tighten further in the wake of the Royal Commission into […]

Budget 2018–19 released- MortgageBusiness Online

As read in MortgageBusiness online – The Budget 2018–19 has been released, with the Treasurer announcing a range of changes, tax cuts and new initiatives for the year ahead. The Honourable Scott Morrison MP, Treasurer of the Commonwealth of Australia, released the Budget 2018–19 on Tuesday evening (8 May), outlining the measures that the Turnbull government will take […]