Government to lift lending restrictions
Access to finance is set to get easier, with a suite of reforms to be introduced by the federal government to help first homebuyers get into the property market and investors to bolster their portfolios.
Many in the property industry would be toasting Josh Frydenberg's move to ease lending restrictions. Photo: Josh Frydenberg/Facebook (Image source: Shutterstock.com)
Access to finance is set to get easier, with a suite of reforms to be introduced by the federal government to help first homebuyers get into the property market and investors to bolster their portfolios.
Treasurer Josh Frydenberg today announced the government would move away from the ‘one size fits all’ approach that has been in place for several years, saying obtaining housing finance had become: “overly prescriptive, complex and unnecessarily…
