Truck Loans Australia

Australia's leading online truck loan resource

Truck Loans Australia :: News

SHARE

Share this news item!

RBA Highlights Housing Shortfall as Key Driver of Rental Crisis

RBA Highlights Housing Shortfall as Key Driver of Rental Crisis

RBA Highlights Housing Shortfall as Key Driver of Rental Crisis?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In a fresh perspective on Australia's ongoing rental crisis, the Reserve Bank of Australia (RBA) has shed light on housing supply shortages as the primary cause, rather than the commonly blamed higher interest rates.

The report, authored by Declan Twohig, Anirudh Yadav, and Jonathan Hambur, comes at a critical time when the nation faces intense scrutiny over rising rental prices and the affordability of housing. Despite widespread assumptions, the authors highlight that landlords are unlikely to transfer increased costs resulting from interest rate hikes to their tenants. This perspective is noteworthy, considering the RBA has adjusted interest rates upwards on 13 occasions over the past 18 months.

The analysis reframes the conversation on Australia's rental market, positioning the lack of adequate housing development as the more influential factor. As observed in other global cities experiencing similar crises, such as New York and London, the shortfall in housing creation rather than borrowing costs often stands at the crisis's core.

The backdrop to this report highlights a bigger picture, one that considers urban planning and government policies as central issues to be addressed. By focusing on maintaining a steady construction pipeline, there could be hope for stabilizing the rental market and easing the burden on renters.

An illustrative example of housing projects being delayed or paused could be seen as correlating with the rental shortages. Furthermore, initiatives like tax reforms and incentive structures for developers might stimulate faster growth in housing supply, with potential knock-on effects benefiting struggling renters.

Interestingly, the authors pointed to scenarios in other sectors, such as commercial property, where despite fluctuating interest rates, the availability of market stock generally dictates lease terms and rent reviews, rather than interest financial pressures alone.

Published:Thursday, 17th Oct 2024
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

ANZ Implements Stricter Home Loan Policies for Company Borrowers

ANZ Implements Stricter Home Loan Policies for Company Borrowers

25 Jan 2026: Paige Estritori

In a significant policy shift, ANZ Bank has tightened its mortgage lending criteria for company borrowers, effective from 8 January 2026. This move reflects a broader trend among major Australian lenders to recalibrate risk appetites and credit standards in response to evolving economic conditions. - read more

Non-Bank Lenders Intensify Legal Actions as Major Banks Scale Back

Non-Bank Lenders Intensify Legal Actions as Major Banks Scale Back

25 Jan 2026: Paige Estritori

Recent data reveals a notable increase in court enforcement actions by non-bank lenders, coinciding with a reduction in such activities by major banks. This trend signifies a shift in creditor behavior within Australia's financial sector, with non-bank institutions adopting more assertive measures to recover debts. - read more

Westpac NZ Launches Special Debt Consolidation Loan to Alleviate Post-Holiday Financial Strain

Westpac NZ Launches Special Debt Consolidation Loan to Alleviate Post-Holiday Financial Strain

25 Jan 2026: Paige Estritori

In response to concerns about post-holiday financial stress, Westpac New Zealand has introduced a special debt consolidation personal loan with an interest rate of 11.95% per annum. This initiative aims to assist customers in managing debts accrued during the festive season and to alleviate associated financial pressures. - read more

APRA's New Lending Cap: What Homebuyers Need to Know

APRA's New Lending Cap: What Homebuyers Need to Know

25 Jan 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks in the housing market. Effective February 2026, APRA will implement a cap on high debt-to-income (DTI) home loans, limiting banks to issuing no more than 20% of new home loans with DTI ratios of six times or higher. This measure applies to both owner-occupier and investor loans, excluding new housing developments. - read more

ASIC's Findings on Private Lending Practices

ASIC's Findings on Private Lending Practices

25 Jan 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the private lending sector, uncovering several areas of concern. The investigation revealed inconsistent and unclear reporting, downplayed risks, opaque fee structures, conflicts of interest, and poor valuation practices within the industry. - read more

Click for more Finance News

Truck Loans Articles

Maximizing Your Investment: Strategies for Enhancing Truck Resale Value in Australia

Maximizing Your Investment: Strategies for Enhancing Truck Resale Value in Australia

The commercial vehicle market in Australia is a cornerstone of the transportation and logistics industries, with trucks playing an indispensable role. Whether for long-haul deliveries across the vast distances of the continent or for urban distribution, trucks are critical assets for businesses and entrepreneurs alike. This significance makes it essential for commercial vehicle buyers to understand the dynamics of truck resale values in Australia. - read more

The Most Important Factors to Consider When Buying a Truck

The Most Important Factors to Consider When Buying a Truck

Buying a truck is a major investment, whether it's for personal use or business purposes. With the plethora of options available in the Australian market, it's important to consider various factors before making a purchase. Your specific needs, budget, lifestyle, and work requirements should be taken into account before making a decision to ensure the truck you buy fits your needs. - read more

Essential Document Checklist for Truck Loan Approval: What You Need to Know

Essential Document Checklist for Truck Loan Approval: What You Need to Know

Getting the right truck loan can be essential for business owners who rely on commercial vehicles. These loans cover a variety of commercial vehicle types and are crucial for ensuring your business operations run smoothly. Truck loans, specifically, provide the necessary finances to purchase trucks, which are indispensable in industries like logistics and delivery services across Australia. - read more

Interest Rates, Terms, and Fees: What to Look for in Commercial Vehicle Loans

Interest Rates, Terms, and Fees: What to Look for in Commercial Vehicle Loans

Choosing the right commercial vehicle loan is a pivotal decision for any business aspiring to expand its transportation capabilities. For many, commercial vehicles are integral to daily operations, and securing the best financial arrangement to acquire these assets can significantly impact the bottom line. - read more

How to Choose the Right Lender for Your Commercial Truck Loan

How to Choose the Right Lender for Your Commercial Truck Loan

For many Australian businesses, purchasing a commercial vehicle is a significant investment that often requires financial assistance. Understanding the intricacies of truck financing is crucial, as the right loan can affect your company's bottom line and operational efficiency. With a plethora of lenders offering myriad loan products, choosing the most advantageous deal can be daunting. - read more

Start Here

Get a free truck loan eligibility assessment and compare truck finance and leasing options without accessing your credit file!!

Knowledgebase

Prepayment Penalty:
A fee charged by a lender if a borrower pays off their loan early.

This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.

powered by Financial Services Online | © Copyright Clark Family Pty Ltd - all rights reserved

IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.