No joy for first homebuyers: this is why APRA keeping its foot down

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions! In this week’s episode, Chris and Pete cover:  1 – APRA keeps macroprudential settings steady 2 – NSW on no evictions policy 3 – Japan’s population falls by a record 800,000, 15th year of declines  Episode resources Rask community forum https://community.rask.com.au/home 1 – APRA keeps macroprudential settings steady https://www.apra.gov.au/news-and-publications/apra-keeps-macroprudential-policy-settings-steady https://www.apra.gov.au/news-and-publications/apra-keeps-macroprudential-policy-settings-steady https://www.mpamag.com/au/mortgage-industry/market-updates/mortgage-serviceability-buffer-remains-at-3/499044 2 – NSW no grounds evictions rules https://www.realestate.com.au/news/will-ending-no-grounds-evictions-make-renting-fairer/ https://www.theguardian.com/australia-news/article/2024/jul/28/nsw-landlords-may-be-fined-if-they-evict-tenants-for-non-genuine-reasons https://www.9news.com.au/national/nsw-premier-chris-minns-to-unveil-new-evicition-laws/0c3cb451-6ea0-46bb-b461-75c0e2db3c79 https://www.theguardian.com/australia-news/article/2024/jul/30/fears-nsw-renters-could-be-mass-evicted-ahead-of-proposed-law-change 3 – Japan population falls for a 15th year, dropping by a record 800,000 https://www.japantimes.co.jp/news/2024/07/25/japan/society/japan-population/ https://www.macrobusiness.com.au/2024/07/government-housing-targets-will-obliterate-green-space/ ~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Ask a question: https://bit.ly/3QtiY00 DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices