News | RFS Finance

July 24, 2018 By Home Loans

Government and industry weigh in on credit curbs

The federal government, industry analysts and the Reserve Bank have weighed in on the impact of the recent slowdown in credit growth and weakness in the housing market. In his address to the Chamber of Commerce, Treasurer Scott Morrison claimed that the Australian Prudential Regulation Authority's (APRA) caps on investor and interest-only credit growth had the "desired effect" of "managing" house price growth, particularly in Sydney and Melbourne.

July 24, 2018 By Commercial Loans

St George Removes SMSF Lending

St George continually review their products to ensure they meet the expectations and requirements of their customers. In order to streamline product offering, they have decided to withdraw the Self-Managed Super Fund Home Loan product from sale, effective Tuesday 31 July 2018.

July 24, 2018 By General

Virgin home loans

Time to check-in. Take out a Virgin Money Reward Me Home Loan and pack your bags……..here is a little reminder on what Virgin do.

July 24, 2018 By General

The weirdest things Australians claim on their tax returns

Edible underwear aficionados, gym junkies and aspiring adult entertainers have been put on notice over dodgy tax deductions, as some of Australia's weirdest expense claims are revealed.

July 13, 2018 By Wealth Creation

Record slowdown in investment lending

Investor housing finance was flat in May with annual growth easing to a record low of 2.0 per cent. The data has been compiled since 1990. In seasonally-adjusted terms, new detached house sales fell by 4.4 per cent in May to stand 12.8 per cent down on the peak in December and stand 14.1 per cent lower than a year ago.

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