Business
High house prices are creating a ‘social divide’: ANZ – The Australian Financial Review
ANZ chief executive Shayne Elliott says rising indebtedness, especially among first home buyers, means loan assessments should…
Evans & Partners noted 62 per cent of new home loans funded in Australia have a debt-to-income ratio greater than 4 times, and 19 per cent are higher than 6 times, compared to an official limit in the UK, where only 15 per cent of new loans can be made…
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