The chair of the open banking review, Scott Farrell, looked at how data could be shared between different sectors of the economy. Chief technology officer at CoreLogic, Greg Dickason, spoke to us about how this could affect the property buying process.
“Overall, it’s hard to see a scenario where Australian housing values could fall off a cliff.”
The bank previously hiked rates for owner occupiers by 15 basis points
A new report shows resale losses totalling more than $460million
New data shows there is one area in particular with the highest level of fixed rates
The proportion of investors in the market has dropped significantly