The finance broker landscape is changing. It appears to be driven by the surge of new entrants into the residential development lending market. GPS has been asked to participate in... read more →
New Project Starts The general feedback I am receiving is that there will be a slowdown in new project starts for 2021. While this is good for price growth, it... read more →
We are starting to see glimpses of the light at the end of COVID-19 for property development. Chances of a complete shutdown of the building industry appear to be remote.... read more →
Most non-bank lenders are flush with cash, due to fallen deposit rates and confidence issues in other investment segments. Only a few appear to be generally entering the residential construction... read more →
Following several conversations with builders it is clear that cashflows are suffering. GPS has commenced a program to strengthen our relationship with builders on GPS funded projects. It turns out... read more →
While Bill Shorten is becoming ‘he who shall not be named’ within the property industry, GPS has seen one positive legacy. Self funded retirees are reviewing their investment portfolios after... read more →
GPS has been keeping a low profile as there has been too much uncertainty and negativity in the residential development market. The Hayne Royal Commission has now concluded. Political and... read more →
Judging by some recent loan applications, the second tier banks have recently come under more scrutiny from APRA. It is a real concern when second tier banks start to change... read more →
To mark ten years since the GFC, I re-watched the movie The Big Short. It highlighted to me how little has been learnt. We still have lenders utilising RMBSs (Residential... read more →