Economy

A cash grants package has been announced for businesses in regional Victoria while a targeted package has been released for the WA tourism sector.

The major bank is opening vaccination centres as part of an accelerated pilot program to vaccinate employees and families against COVID-19.

The big four bank has commenced a rapid antigen testing pilot for customer-facing employees in Sydney’s COVID hotspots.

Consumer intentions to buy a home have declined in the last quarter, according to NAB, but property investors looking at the year ahead have remained undeterred.

Sydney property investors will no longer be permitted to inspect property in regional NSW from this weekend as the state tightens movement rules.

The property listings group has committed to returning millions of dollars in JobKeeper subsidies to the government while it expands its broker business.

Home buying intentions have trended downwards, clearly indicating the impact of lockdowns across Australia, CBA data has shown.

Households’ comfort with debt was on a decline during the first half of the year, despite broader financial security hitting a high.

New home sales fell by 20.5 per cent in July, but time will tell if ongoing lockdowns have tainted consumer sentiment, according to a housing body.

The RBA has announced its August rate decision as ongoing lockdowns dampen speculation about imminent rate rises.