u/Exact_Theory3902

One thing we’re starting to see already in the broker world is lenders quietly adjusting calculators ahead of the proposed negative gearing changes.

The borrowing capacity differences are pretty wild between banks right now.

Had a scenario recently where a client who could previously borrow around $1m was suddenly sitting closer to the low-$700k range once certain changes were factored in.

Not saying property prices automatically drop 30% because of that. Banks will adapt over time and they’re still in the business of lending money. But credit availability drives property markets more than people realise.

Personally, if I was a first-home buyer and didn’t need to buy immediately, I’d probably be patient and watch how things play out over the next 6-18 months.

Feels like the government is trying to slowly let air out of the balloon rather than risk the kind of hard correction we saw in places like Canada or NZ.

Curious what others in lending/property are seeing at the moment.

So this report is the top 10 General Mortgage Stress suburbs, this is different to the others posted. General Mortgage Stress is households where their spend is equal to their expenses.

I don't see many surprises here tbh, I feel for anyone struggling and wish the best for those affected.

If you look at the 2 year bond yield rates (which in my opinion is the best way to predict where rates are going) and the fact that all the lenders have jacked their 2 year fixed rates once this went up, we have two more rate rises to go.

Buckle Up People

Cash rate is currently 4.35%

This report is carried out by Digital Finance Analytics and published by OurTop10.

Here is a list of the Sydney Top 10 Postcodes ranked by Default Risk. According to the report methodology, this isn't a count of households that will default, it is a forward looking signal built off observed stress levels and historical loss data, designed to show where financial pressure is more likely to turn into real repayment risk over time.

This data is used by the banks so they can predict potential risk...

This report is carried out by Digital Finance Analytics and published by OurTop10.