Economy

NSW will allow in-person property inspections and on-site auctions from this weekend, following a marked reduction in new coronavirus cases.

Auction volumes continue to be on the lower side across capital cities, reflecting the effects of the ban on public auctions.

Almost half of Australians aged over 18 have reported that the COVID-19 pandemic has affected their household finances, with 31 per cent reporting a negative impact.

The Australian Taxation Office, ASBFEO and Reckon are joining our sister title, My Business, in a free, live and interactive event to discuss how the JobKeeper scheme affects businesses

The cost of construction has continued to rise in 2020, while the residential rental market struggles amid COVID-19-induced market changes, according to CoreLogic.

Australia’s banking sector is set to shed almost $30 billion from credit losses induced by the COVID-19 crisis, according to S&P.

The major banks clawed in millions from a delay between mortgage rate cut announcements and effective dates, the ACCC has confirmed.

The housing market is not expected to see a drop of more than 10 per cent and is “well placed” to see a strong rebound following the COVID-19 crisis, according to PIPA.

The competition watchdog has announced temporary exemptions under Consumer Data Right due to the impact of COVID-19.

Mortgage relief assistance provided to borrowers in the wake of the COVID-19 pandemic would hide the “true effects” of the crisis on credit quality, according to S&P.