{"id":18955,"date":"2019-05-22T09:16:13","date_gmt":"2019-05-21T21:16:13","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18955"},"modified":"2019-05-22T09:16:13","modified_gmt":"2019-05-21T21:16:13","slug":"soggy-australia-house-market-boosted-as-lending-rules-eased","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/soggy-australia-house-market-boosted-as-lending-rules-eased\/","title":{"rendered":"Soggy Australia House Market Boosted as Lending Rules Eased"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO: Scott Morrison on May 18. Photographer: David Gray\/Bloomberg<\/strong><\/p>\n<p>Australia\u2019s\u00a0<a title=\"Australia Property Slump May Be Through Worst as Drop Moderates\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-01\/australia-property-slump-may-be-through-worst-as-drop-moderates\" target=\"_blank\" rel=\"noopener\">soggy housing market<\/a>\u00a0just got another shot in the arm.<\/p>\n<p>The banking regulator Tuesday proposed easing lending rules that will allow home-buyers to borrow more, and central bank Governor Philip Lowe said policymakers will consider the case for cutting interest rates at its next meeting in two weeks\u2019 time. The one-two combo could help reverse a\u00a0<a title=\"This Is What\u2019s Killing Australia\u2019s Property Boom\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-14\/this-is-what-s-killing-australia-s-property-boom\" target=\"_blank\" rel=\"noopener\">credit crunch<\/a>\u00a0that has weighed on home prices.<\/p>\n<p>The news is another win for the property market in recent days after Scott Morrison\u2019s center-right government pulled off a shock election win on the weekend, killing off the opposition Labor party\u2019s plans to wind back tax breaks for property investors. Bank shares\u00a0<a title=\"Banks Surge in Australia on Morrison\u2019s Shock Election Win (2)\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-20\/big-banks-surge-in-australia-on-morrison-s-shock-election-win\" target=\"_blank\" rel=\"noopener\">gained\u00a0<\/a>for a second day on speculation the hat-trick of good news will help stem, or reverse, the slide in property prices.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-05-20\/australia-regulator-proposes-amending-mortgage-buffer-rules\">BLOOMBERG<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO: Scott Morrison on May 18. Photographer: David Gray\/Bloomberg<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/soggy-australia-house-market-boosted-as-lending-rules-eased\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478102642,478105264,478098566,478100557,478098542,478098519,478105263,478098535,478098522,478099340,478098929,478098906,478098513,478101743,478099125,478098873,478098579,478105265,478098510,478098514,478098511,478098509,478104923],"class_list":["entry","author-data123nz","post-18955","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-bank-loans","tag-banking-regulator","tag-first-home-buyers","tag-governor-philip-lowe","tag-home-loans","tag-home-ownership","tag-house-market","tag-house-prices","tag-interest-rates","tag-lending-restrictions","tag-mortgage","tag-mortgage-lending","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-market-i","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-scott-morrison"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Soggy Australia House Market Boosted as Lending Rules Eased - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/soggy-australia-house-market-boosted-as-lending-rules-eased\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soggy Australia House Market Boosted as Lending Rules Eased - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; PHOTO: Scott Morrison on May 18. Photographer: David Gray\/BloombergRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/soggy-australia-house-market-boosted-as-lending-rules-eased\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-21T21:16:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/05\/Scott-Morrison-2.jpg?fit=800%2C533&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/soggy-australia-house-market-boosted-as-lending-rules-eased\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/soggy-australia-house-market-boosted-as-lending-rules-eased\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Soggy Australia House Market Boosted as Lending Rules Eased\",\"datePublished\":\"2019-05-21T21:16:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/soggy-australia-house-market-boosted-as-lending-rules-eased\\\/\"},\"wordCount\":156,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/soggy-australia-house-market-boosted-as-lending-rules-eased\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/Scott-Morrison-2.jpg\",\"keywords\":[\"australia\",\"Australians\",\"bank loans\",\"banking regulator\",\"first home buyers\",\"Governor Philip Lowe\",\"home loans\",\"Home ownership\",\"House Market\",\"house prices\",\"interest rates\",\"lending restrictions\",\"mortgage\",\"mortgage lending\",\"property\",\"property correction\",\"property crash\",\"property investment\",\"property market\",\"property market i\",\"Property News\",\"propertynoise\",\"real estate\",\"Real Estate News\",\"Scott Morrison\"],\"articleSection\":[\"Australian Property &amp; Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/soggy-australia-house-market-boosted-as-lending-rules-eased\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/soggy-australia-house-market-boosted-as-lending-rules-eased\\\/\",\"name\":\"Soggy Australia House Market Boosted as Lending Rules Eased - 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