In this week’s investment webinar, Nucleus Wealth is joined by Stephen Mitchell, CEO of Oak Capital, and Troy Stratton the CIO. We will be discussing the cracks that are starting to appear in the Australian property market. Oak Capital is an alternative non-bank lender and credit fund.
With the Australian property market in major flux, we take an on-the-ground look at what’s happening within the broader lending market, affordability and the differences in small vs large developers.
Agenda:
- Pressures ramping up on borrowers in second tier lending market
- Tax office collection activity, including director penalty notices
- Rise of incomplete property scenarios
- Liquidity in market encouraging less sophisticated lenders to take large risk whilst chasing a race to the bottom on rates
- General view as to why Oak doesn’t engage in true development lending, and some of the scenarios they are seeing
- Investment implication
Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos.
Take us on your daily commute! Podcasts are available on iTunes and all major Android Podcast Platforms for Nucleus Investment Insights.
Samuel Kerr is a Senior Financial Adviser at the MacroBusiness Fund, which is powered by Nucleus Wealth.
The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Samuel Kerr is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.