In this episode, we discuss ANZ's recent move to now require 40% deposits for investment properties. This is a major change in credit policy, that makes ANZ the most conservative bank when it comes to lending on investment properties.
Here, we discuss the change, the exemptions, and how ANZ staff are implementing the new regime. We also go through the expected impact on house prices (not a lot), as well as how this fits in with what the bank's economists are reporting.
We wrap up the show by mentioning the Property Academy video course, this 19 lesson property investment course is available for free on the Opes Partners website.
The Property Academy Podcast