Monthly Archives: May 2020

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Commonwealth Bank Release Downturn Scenarios

May 20th, 2020

The economic effects of COVID-19 are starting to filter through to the housing market, with more pronounced effects likely in the weeks and months ahead. The Commonwealth Bank recently published data about the length and extent of the possible downturn, with two different scenarios released. According to the base case and best possible scenario, the Australian property market will fall […]

The Real Unemployment Figures

May 20th, 2020

Australia’s unemployment figure rose to 6.2% in the latest announcement, with 600,000 jobs lost so far due to the coronavirus shutdown. Despite being the steepest monthly rise on record, according to many experts, the real shape of employment is much worse due to the artificial nature of the JobKeeper package, the record number of underemployed people, and the sharp rise […]

The Quarantine on Consumption

May 15th, 2020

Coronavirus has changed everything, which gives us a rare opportunity to re-evaluate our existing way of life. Social isolation is the new normal, more people are working from home, and even a trip to the supermarket is a major social outing. When something of this magnitude affects the entire world, there is an opportunity to emerge from the storm with […]

Mental Health Challenges in a Strange New Word

May 11th, 2020

Along with the acute health effects of COVID-19, the pandemic is associated with a number of long-term mental health challenges. Long periods of isolation, lack of activity, and large-scale anxiety are having a profound effect on people with existing mental health conditions. Worrying new symptoms are also arising for people without a history of mental illness, as everyone struggles with […]

Which Industries are Winning During Isolation

May 4th, 2020

Coronavirus continues to have a devastating impact on industries around the world. Entire sectors are failing, millions of people have lost their jobs, and global governments have unveiled their biggest stimulus packages in history. Amidst all the chaos and destruction, however, some industry sectors are flourishing like never before. From healthcare and logistics to e-commerce and video conferencing, let’s take […]