by Nick Rainsford | 4 Aug 2015 | General, Home loans, Investments, SMSF
We’ve heard a lot of bad news in recent years. Now the mining boom is over our economy is more normalised. Some of the slack has been taken up by the extraordinary boom in property prices – and so the cycle continues (as my favourite economist, Don Stammer,...
by Nick Rainsford | 2 Aug 2015 | General, Home loans, Investments, SMSF
Let me give away the ending. Because they can and because the Government is allowing them to. The banks have silently reacted to the threat of regulatory capital restrictions (imposed by the Government) by raising interest rates on investment loans. Every investor...