In this podcast, Paige Estritori discusses the Australian Prudential Regulation Authority's (APRA) new policy limiting banks from issuing over 20% of new home loans with a high debt-to-income ratio, which could impact both owner-occupier and investor loans. The Australian Automotive Dealer Association (AADA) reports a stable trend in the used car market with a surge in dealer-led transactions. There's an increasing preference for alternative powertrains in cars. The Clean Energy Finance Corporation (CEFC) and Hyundai Capital Australia are partnering to cut electric vehicle ownership costs. Energy prices in New South Wales and Queensland are decreasing, benefiting businesses with high energy needs. Listeners are encouraged to stay informed, invest wisely, and efficiently manage their finances, given these changes.
