Nick Goodall

And this is showing that, yep, there's some willingness out there.

You know, yes, it's only going from, you know, less than a percent, close to 0% to 3% now that they can.

And we know that, you know, the bank's,

self-imposed limit is probably about 5% given the actual limit is 10% they like to keep that buffer 3% you know it's some way to that 5% so yep the willingness the ability is there and it's going to continue to I suppose you know provide some tailwinds the fact that you know this market has got you know the money is available and the borrowers out there willing to take it on just shows that there are these reasons to expect this demand to continue to grow through this year and

And, you know, to the point now where we're going to go, at what point do we see the LVRs also become somewhat of a headwind, the LVR restrictions, a headwind to this market because, you know, they could grow further, the market could grow further, demand could grow further until these limits kick in and the banks are getting close to 20% for their owner-occupier limits.

and 5% for their investor limits.

Maybe that's going to be something that just constrains what this growth phase could have otherwise looked like had they not been in place.

And that's on top of the DTIs, which as we've noted over the last few months, you know, they're starting to increase as well.

Yes, you've got to be careful with the data you're using because it's not quite as bad as the original data looks like.

But definitely when we look at, you know, long-term expectations here, debt restrictions will come into play at some stage in the future and just limit what the growth phase looks like, which I think is an important, you know,

final position to, I suppose, stand on when we're looking at, you know, the lending data and what it means and how it's going to play out over the next, you know, six months, a year and into next year as well.

So, yeah, I think it's an important data release.

And like I said, also looking at that stock data, you know, telling us how long people have got to go on their mortgages as well, because I think that's a big part of

you know, the flow through to how much money people might have in their back pocket and flowing that to the economy as well.

So I think it's an interesting one to see those people push a bit longer, less people on those shorter terms, less people due to roll over in the next six months.

And that means that, yeah, we're certainly in that phase of things turning out the other direction.

So, yeah, always an intriguing one and great detail there.

And, yeah, I'm sure that'll continue to fill plenty of space in our, you know, articles and presentations and things over the next few months and things as well.

So, yeah.

Yeah, a really good one to cover off.