From The Australian:
Century 21 chairman Charles Tarbey said: “If I was an investor, I’d think that ‘Yes, now is the right time to buy’ … a change like that would definitely spur me on.”
Economists agreed, noting that investor activity was on an upward trajectory, despite a tighter lending environment designed to dampen their participation. REA economist Nerida Conisbee said: “The lending figures to investors would suggest that (investors) are coming back to the market … banks have been very restrictive on lending and the fact that lending growth is still happening shows that they’re active.”
