Archive for July, 2015
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Residential Investor lending 24th July 2015
2 major banks have now increased their variable lending rates for residential investment lending. Rates have increased by 0.27%. It is expected that more will follow . In addition to […]
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Westpac caps LVRs on investor mortages at 80%
Australia’s biggest lender to landlords, Westpac, will require new property investors to have a deposit of at least 20 per cent, as banks escalate their attempts to dampen the booming […]
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New Victoria Tax
As from 1st July 2015, State Revenue Office, Victoria , customers purchasing a residential property in Victoria, must complete a purchaser statement to determine if an additional 3% land transfer […]