I continue to see too many instances where funding for a project dries up mid construction. It is not the first time I’ve seen this. When APRA went through the... 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 →
The Hayne Royal Commission demonstrated the damage that lawyers, who are equipped with the benefit of hindsight and retrospective morality, can do to businesses. One of my many roles, is... 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 →
Australia Day is upon us, signifying the property industry’s return from summer holidays. The major focus for developers this year will be on obtaining construction funding as the pull back... 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 →
As the credit crunch continues to take grip, I am seeing an increase in loan applications. Traditional bank borrowers are comprehending that the banks will not be returning to the... 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 →
2020 has seen even more new players entering the lending market looking to make easy money. Among these, there will inevitably be some shonks who prey on desperate developers. Developers... read more →
Recent media has been claiming that with the pullback by the banks from residential development lending the non-banks, such as GPS, will rise, fill the funding hole and cause a... read more →
