Australian house prices continue to fall due to the prolonged economic impact of the COVID-19 pandemic. The slow and measured decline can be seen across the country, with Canberra and Adelaide the only capitals to experience positive growth over the last month. According to figures from Core Logic, national dwelling values were down -0.6% in July, with -1.6% growth recorded […]
The Australian Government continues to invest record amounts of money into the national economy in an effort to insulate against the negative effects of COVID-19. Along with the massive JobKeeper and JobSeeker programs, one-off $750 stimulus payments have been made to millions of Aussies over recent weeks. Data from the Australian Bureau of Statistics (ABS) tells us how the money […]
The last few months have been challenging for everyone, as social distancing and isolation make the world a smaller and less friendly place. While keeping people apart is designed to bring us together in the long-run, it also gives us time and space for introspection and self-discovery. Lots of people around the world are discovering new hobbies during this time, […]
The Australian Government announced HomeBuilder in June in an effort to stimulate growth and keep construction jobs alive. The scheme is available for buyers of newly built houses or units, and also covers substantial renovations of at least $150,000. For people and projects that meet the strict criteria, there is $25,000 available as a cashback to help offset the cost […]
Australians are affected by COVID-19 in different ways, with some people doing fine economically and others relying heavily on government support just to bring food onto the table. Along with the huge numbers that define the JobKeeper and JobSeeker support packages, desperate times have seen around 2.7 million early withdrawals from superannuation accounts. While this money has assisted many and […]
The reality of COVID-19 continues to affect economic growth, as health and isolation measures endure in direct response to the pandemic. Household spending is down on a universal basis, with the economies of Australia and New Zealand severely affected despite relative success in containing the virus. The situation is changing by the day, with leading industry research company IBISWorld publishing […]