Original article by Michael Bleby
The Australian Financial Review – Page: 8 : 10-Aug-17

Treasurer Scott Morrison and the Real Estate Institute of Australia have welcomed indications of an upturn in first-home buyer activity. Official figures show that 8,573 mortgage loans were taken out by first-time buyers in June, which is the highest level in almost three years. The total value of loan commitments to this segment of the mortgage market topped $A28.5bn in the year to June. Meanwhile, loan commitments to property investors rose by 10.5 per cent to $A152 billion in 2016-17, in seasonally-adjusted terms.

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