Property investing in Australia remains viable despite loan slowdown
Despite recent declines in investor loan applications following government tax changes, Australian property investment remains fundamentally sound, as evidenced by Commonwealth Bank's strong $11bn full-year profit driven by robust mortgage demand. Market indicators suggest the downturn in investor lending is already reversing, countering pessimistic predictions about the sector's viability.
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Ignore the doomsdayers – property investing in Australia is far from broken
Despite recent declines in investor loan applications following government tax changes, Australian property investment remains fundamentally sound, as evidenced by Commonwealth Bank's strong $11bn full-year profit driven by robust mortgage demand. Market indicators suggest the downturn in investor lending is already reversing, countering pessimistic predictions about the sector's viability.
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