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COVID-19 spurs rush to check credit scores
9 October 2020
COVID-19 spurs rush to check credit scores

More than half a million people have checked their credit score in the past six months during the pandemic, a substantial jump from the same period in 2019, according to a credit score ...

Budget 2020-21 handed down
6 October 2020
Budget 2020-21 handed down

Federal Treasurer Josh Frydenberg has presented a range of tax cuts and new spending initiatives, including those for small businesses, in the 2020-21 budget.

Country braces for ‘significant’ budget
6 October 2020
Country braces for ‘significant’ budget

Prime Minister Scott Morrison has described today’s upcoming federal budget as “the most significant since the Second World War”, with the focus moving away from surplus to spending.

Melbourne homes linger longer on market
6 October 2020
Melbourne homes linger longer on market

Melbourne dwellings took longer to sell between March and September, reflecting lower demand due to COVID-19-related restrictions, according to research.

BOQ’s COVID provisions hit $135m
2 October 2020
BOQ’s COVID provisions hit $135m

The non-major bank has shed new light on the impact of the COVID-19 crisis on its balance sheet following a review of its economic modelling.

Melbourne drags national housing value
2 October 2020
Melbourne drags national housing value

There was a “striking” turnaround in the housing market in September as six capital cities recorded a rise in home values, but Sydney and Melbourne dragged down the national reading, ...

8.5 per cent of loans still have deferrals
1 October 2020
8.5 per cent of loans still have deferrals

For the second month in a row, the number of borrowers exiting repayment deferrals has outpaced those requesting them, according to APRA data, but around 8.5 per cent of all loans are still ...

Detached housing approvals boom
1 October 2020
Detached housing approvals boom

A rise in demand for detached housing in August – potentially driven by HomeBuilder – countered a sharp drop in the number of apartments approved, according to ABS stats.

Buyer demand drives up Perth house prices
1 October 2020
Buyer demand drives up Perth house prices

Almost half of all Perth suburbs have recorded price growth in August off the back of reduced sales stock and rising buyer demand, according to a property investment consultancy.

Government announces $800m digital business plan
29 September 2020
Government announces $800m digital business plan

The Prime Minister has announced that the federal government will invest nearly $800 million to help businesses digitise, including developing a new digital identity system, and more money ...