Sadly, many investors are “duped” into investments with promises of high returns yet little to no risk disclosure from the finance product provider.
We all understand that the environment in 2020 was a health crisis before it was an economic crisis.
In the search for the often elusive additional equity to finalise a project, non-bank lenders can be the answer.
The arguments for the replacement of stamp duty on the purchase of residential property gathered momentum which has subsequently lead to significant relief reforms.
‘Unprecedented’ has been arguably overused in 2020 but it’s difficult not to use it in a year when our economy has been impacted by a global crisis, the likes of which we’ve never seen before.
Last week marked the beginning of the Federal Government’s consultation period on proposed Consumer Credit reforms.
The NSW Department of Planning, Industry and Environment has released an Explanation for Intended Effect on a new Housing Diversity State Environmental Planning Policy.
When the Federal Government announced the HomeBuilder grant, there was no way of foreseeing the extent to which a second wave of COVID 19 infections would affect the ability to take up the grant.
Since our last portfolio update in April, we have continued to work closely with borrowers to ensure we understand the impact of the current economic situation on their loan performance.