Fletcher Rowe | May 30 2019 Last week, the Australian Prudential Regulation Authority (APRA) announced a change to the serviceability buffers that all deposit-taking institutions are required to abide by when assessing a borrower’s ability to repay a home loan. The buffer, in place since 2014, is designed to ensure borrowers are able to continue
Fletcher Rowe | May 6 2019 The Hayne Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry concluded on February 1st and was released to the public eye on February 4th. The report cast a scathing eye on the sector, noting systemic “unconscionable conduct” and an overriding culture of profit ahead of
Fletcher Rowe | November 13 2018 Historically, businesses investing in productive equipment has long been an indicator of business confidence. Increased investment in this manner can provide an insight into the overall health of an economy. Less understood are the varying different types of asset finance, and how different types of finance work best for
Fletcher Rowe | September 18 2017 At the end of the day, the only thing banks think about when handing out money is minimising the risk to them in doing so. Banks have a list of preferred borrowers and occupations, and there is no prize for guessing that Doctors are atop that list. Generally revered
Fletcher Rowe | September 7 2017 On first glance, the rise and rise of capital city markets has excluded a generation of first home buyers. Young Sydneysiders and Melburnians are instead forced to remain long-time renters, or otherwise relocate interstate and forego their Surry Hills or Little Bourke St cold drips and smashed avocado. The
August 29 2017 | Fletcher Rowe It’s one of the most commonly queried yet poorly understood components of the modern mortgage, and not knowing its function could be costing you thousands in interest charges over the course of a year, let alone the life of your loan. You may be aware it’s out there, but
Fletcher Rowe | August 11 2017 It’s a daunting world for the first home buyer; skyrocketing median house prices, interest rates and an influx of lending platforms can scare off would-be home owners. Many wonder how they will save a deposit large enough to outbid seasoned investors, and parents feel helpless watching their children’s dreams
Fletcher Rowe | August 9 2017 Sydney property prices have again edged higher, according to CoreLogic’s latest weekly report released for the first week of August. The report released last week showed that surprisingly high auction clearance rates were keeping the market competitive and turning around what threatened to be a slump after a sluggish