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McKinley Plowman & Associates finance partner Paul Moran was invited to comment about the slowdown in applications for housing finance since the wind up of the $21,000 boosted first home buyers grant.
Paul comments that the slowdown in first home buyer activity can also be attributed to stricter lending criteria which is making it harder for those starting out on the property ladder to qualify.
Paul tells the Sunday Times how the lending criteria is affecting first home buyers.
Reproduced with the permission of Sunday Times.
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