How to get a home loan in Australia

NEWS: If you are looking at buying a home, the reality is it's harder to get a home loan right now.

The Australian Prudential Regulation Authority, APRA, says the value of new housing loans approved in the December quarter fell by 12 per cent compared with the same time in the previous year.

To mark Global Money Week (25-31 March) - a financial awareness campaign built to inspire young people to learn about money matters in partnership with the OECD - SBS News has been looking at how everyone can be  better educated about money.

But buying houses in Australia, and getting finance for them, can be tough. 

You can read the full article in English here.


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By Ricardo Goncalves
Presented by Parisuth Sodsai
Source: SBS News

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