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Michael Mata is a content marketing specialist, editor and writer. He is a former journalist at Your Investment Property Magazine.
Property investors stand to be the hardest hit as banks reprice mortgages to meet tougher regulatory requirements, according to JP Morgan’s latest Australian Mortgage Industry Report.
Less than a quarter of property investors from New South Wales and Victoria believe now is a good time to buy an investment property in their respective capital cities, according to a new report from property investment consultancy Momentum Wealth.
Australian regulators may be forced to impose even heavier restraints on lenders to prevent the property market from becoming the trigger for a disruptive financial crisis, said Michele Bullock, the Reserve Bank’s assistant governor (financial system).