Lending criteria apply to approval of credit products. ","title":"Podcast","url":"/news/topic.podcast/"},{"tagId":"newsroom:topics/goodpair","name":"goodpair","description":"Explore more Good Pair stories, showing two people making a big difference together.

It’s important to remember there is no single housing market. And despite several uncertainties ahead, the economy remains solid with GDP growth of 2-3 per cent, reasonable population growth, and strong bank balance sheets. He graduated from Princeton University with a degree in European History and is a Chartered Financial Analyst. And we have enough capital and funding to ensure we continue to meet the borrowing needs of consumers, small businesses, and commercial enterprises — even in a downturn.

Pinnwände sind ideal zum Speichern von Bildern und Videoclips. We strongly recommend that you obtain independent advice before you act on the content. When contacted tonight, listing agent Brad Pillinger of Pillinger refused to discuss anything to do with the sale, which occurred at the start of April. Investors — like business owners — prefer certainty. ","title":"Currencies","url":"/news/topic.currencies/"},{"tagId":"newsroom:topics/billsbites","name":"billsbites","description":"Explore more insights from Bill Evans at Westpac Wire. Westpac Bank’s chief executive Brian Hartzer says Australian house prices do have further to fall, but the market is a fair way off any alarming price drop or funding crisis.

","title":"COVID-19","url":"/news/topic.covid19/"},{"tagId":"newsroom:topics/personalfinance","name":"personalfinance","description":"Explore more insights about personal finance, financial literacy and financial wellbeing. Their Vaucluse home had previously sold in 2014 — the year Hartzer was promoted to the top job — for $12.75 million. The changes worked — as APRA noted this week — and some heat came out of the market. ","title":"IWD ","url":"/news/topic.IWD/"},{"tagId":"newsroom:topics/quarterlife","name":"quarterlife","description":"Explore more Quarter Life insights at Westpac Wire. The IBM strategic repository for digital assets such as images and videos is located at dam.ibm.com. The original guide on 20 Ray Ave, Vaucluse, was $20m. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd. Australia's biggest share accommodation site. Hier können Sie Inhalte sammeln, auswählen und Anmerkungen zu Ihren Dateien hinterlegen.
View Brian Hartzer’s profile on LinkedIn, the world's largest professional community. Housing credit growth has eased from around 7.5 per cent in 2015 to around 4.9 per cent in 2018. Conditions, fees and charges apply.

Household debt grew along with higher prices, although low interest rates meant the percentage of income needed to cover existing commitments remained low — hardly the sign of a speculative bubble. I think history will show that these actions were well thought through, well implemented, and highly effective. ","title":"Deals","url":"/news/topic.deals/"},{"tagId":"newsroom:topics/veterans","name":"veterans","description":"Explore more insights about defence force veterans at Westpac Wire. Subscribe to the Westpac Wire newsletter to stay in the know. ","title":"Career","url":"/news/topic.career/"},{"tagId":"newsroom:topics/rework","name":"rework","description":"Stories of businesses pivoting in the face of the COVID-19 pandemic. After all, lower prices mean more affordable housing for people who would otherwise be priced out of the market. Subscribe to the Westpac Wire newsletter to stay in the know. Right in front was the city, Opera House and Bridge. Prefer us not to? Exclusive: $21m+ sale in Bellevue Hill, Apartments to overlook Sydney’s ‘secret garden’. Click here to request Getty Images Premium Access through IBM Creative Design Services.

One unintended consequence of these changes has been to penalise small businesses, where more complex cash flow and expenses have made it harder to meet the increased data requirements, given many loans are secured by residential property. ","title":"Westpac","url":"/news/topic.westpac/"},{"tagId":"newsroom:topics/indigenous","name":"indigenous","description":"Explore more indigenous insights at Westpac Wire. ","title":"Quarter Life","url":"/news/topic.quarterlife/"},{"tagId":"newsroom:topics/westpac-scholars","name":"westpac-scholars","description":"Stories featuring Westpac Scholars. We think the drivers have been more fundamental. Greater scrutiny of APRA-regulated lenders, particularly the majors, has resulted in smaller banks and non-banks growing faster, a trend that could warrant attention if an increased proportion of loans were being written at less stringent lending standards. ","title":"Westpac Businesses of Tomorrow","url":"/news/topic.businesses-of-tomorrow/"},{"tagId":"newsroom:topics/westpac","name":"westpac","description":"Stories featuring Westpac corporate news. ","title":"Currencies","url":"/news/topic.currencies/"}]}, TECH IN 10: Westpac’s ‘BaaS’ with Afterpay, GM, Corporate & Business Development, Westpac, Opening doors for disadvantaged homebuyers, Terms and Conditions or Product Disclosure Statement, Property still sound, credit tap still on. It’s the highest point in the whole of Sydney’s eastern suburbs and in every direction, there’s a spectacular view. Also, there’s been more rigorous scrutiny of customers’ expenses, lifting the number of expense categories we assess to 13. Sydney house prices have eased after rising around 75 per cent from 2011 to 2017. We have raised this issue with regulators and government and are working to find a solution. ","title":"Podcast","url":"/news/topic.podcast/"},{"tagId":"newsroom:topics/goodpair","name":"goodpair","description":"Explore more Good Pair stories, showing two people making a big difference together.

Some analysts saw this as evidence of a speculative, debt-fuelled bubble, with buyers expecting to ‘flip’ properties for ever-higher prices.

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