Assessment Rate

Borrowing Power Changes: How Much More Can I Borrow?

personOtto Dargan access_timeJuly 17, 2019

This month APRA (Australian Prudential Regulation Authority) has removed rules for the banks about how they calculate borrowing power. As a result, borrowing power has increased by as much as 15 per cent. Who are the winners? Home buyers have seen their borrowing power increase...

Read more