20 March 2020 Australian Banking Association CEO Anna Bligh today announced a small business relief package from Australia’s banks. “This Assistance Package will apply to more than $100bn of existing small business loans and depending…
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REAL ESTATERENEE MCKEOWNMON 30 MAR 20 Investors Look at Options in Downward Market Investors are looking at their options with homes pulled off the market, leases extended and auction clearance rates dropping in-line with Covid-19…
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Thankfully the banks and government appear to have stepped up to the plate – one economist calculates that the total economic stimulus offered by the government is the equivalent of an 11 per cent boost…
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Michael Bleby| Australian Financial Review| 11 March 2020 https://www.afr.com/property/residential/home-loans-growth-picks-up-in-january-20200310-p548sm New home loans rose at their fastest pace in more than three years in January as owner-occupiers and investors benefited from easing lending conditions that pushed…
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Alfredo R. Paloyo| The Conversation| 6 March 2020 https://theconversation.com/a-toilet-paper-run-is-like-a-bank-run-the-economic-fixes-are-about-the-same-133065 Panic buying knows no borders. Shoppers in Australia, Japan, Hong Kong and the United States have caught toilet paper fever on the back of the COVID-19…
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John Kehoe, Matthew Cranston & Jonathan Shapiro| Australian Financial Review| 16 March 2020 https://www.afr.com/policy/economy/regulators-ease-coronavirus-credit-squeeze-20200316-p54aeb Financial regulators are extending short-term liquidity funding to banks and are considering easing regulations on lenders to help prevent a credit…
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FOMO (Fear of Missing Out) has been applied to both home purchases and toilet roll over the past weeks. While, on the surface they may appear to have nothing in common, there’s actually quite a…
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Are you one of those people who spend hours online or in stores trying to find the best discount on the latest gadget or fashion item? If the answer is yes and you also have…
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Roughly two million older Australians are considering moving homes when they retire. But they won’t be giving up the spare bedroom. It will be reserved for friends and family, or repurposed into a study or…
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If national prices continue on their current trajectory, 2020 will see the fastest market recovery in Australian history, according to property research group CoreLogic. The property downturn saw an 8.4% correction in values. In just…
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