Mortgage market set for sweeping change, distortion as election looms
The pork-barrelling measures will likely spur house price growth as demand climbs, while knock-on effects will hit the lenders mortgage insurance market.
Election pork barrelling and a ratcheting up of risk appetite by the big banks will prompt sweeping change across the mortgage market.
And with the election just weeks away, the ramifications of proposed policy changes are being modelled alongside the practicalities of implementation.
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Joyce Moullakis writes on banking and finance, specialising in investment banking, private equity, and financial services. Connect with Joyce on Twitter. Email Joyce at joyce.moullakis@nine.com.au