For Consumers

For Advisers

Connect with us

MENU
FIND AN ADVISER

Media | Search

In Brief: July Edition  

Do you have a good advice story?

Are you an adviser with a customer who'd like to tell their story how your advice helped them?

Are you a customer with a good story about how advice has added value to your life?

Tell us about it

Why Kenneth Hayne didn’t call for ban on Household Expenditure Measure

« back to media

6 February 2019 by Alexis Carey, news.com.au

Article link: https://www.news.com.au/finance/real-estate/buying/why-kenneth-hayne-didnt-call-for-ban-on-household-expenditure-measure/news-story/5f531407d468d19c6b5b174896ab11ad

For more than a decade, one magic number has made the difference between nabbing your dream home — or being rejected for a loan. That number is the Household Expenditure Measure (HEM), a tool that has long been used by most of our banks to calculate our expenses and ability to manage repayments, which then helps determine how much we can borrow.


Comments

No comments added.


Add comment

Name

Email

Comments

Enter code:*

Add comment


« back to media