Love to see 1 of big 4s is doing something about 'tightening up' investor loans...then landlords pass it on to renters... the chain-effect of common life these days... http://www.smh.com.au/business/bank...r-and-interestonly-loans-20170421-gvpcsl.html
may be they are just ahead of the crowd here is a forecast for RBA's rate, which would influence the cost of capital interestingly there is no data from Commonwealth, hehe
This has been going on for the last 12 months with all the banks involved, nothing new here. BTW, Interest rate rises are a good thing.
I don't own shares in any bank. There is now a whole new generation of investors who: a) Have never seen property prices drop or even stay flat (heck, some have barely seen single digit yearly rises) b) Have never seen interest rates go up c) Think that money is always so easy to get d) Think that property is a guaranteed way to get rich These people are real problem and deserve to be taught a lesson. Debt is too cheap with so little consequence. Let it rise I say.