borrowing

Some Australians borrow more to “keep up with the Joneses” but not for houses, latest data has revealed.

Dreams of owning a property may have been dashed due to high rates and serviceability buffers squeezing borrowing power, a Domain report says.

With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.

People can’t pay the same prices for properties now as borrowing capacities become a bigger problem, a PropTrack executive has explained.