Will property prices fall after September?

Amid unprecedented economic uncertainty, many of us are waiting with bated breath to determine what will happen to the property market in the months ahead. The question on everyone’s lips is “will house prices fall”? What are the Bank’s economists predicting? Predictions from the banks and industry have varied widely. The Commonwealth Bank has predicted […]

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Will there really be a slew of mortgage defaults come September/ October

I’ve seen a number of quite alarming headlines recently that there’s going to be a wave of mortgage defaults in September/ October once the relief measures like Jobkeeper and loan repayment deferrals end simultaneously. Here’s an alternative point of view… Firstly, readers can take comfort that the Australian Prudential Regulation Authority (APRA) and the banking […]

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Here’s why we’re not going to fall off a financial cliff in September

There is a lot of concern that at the end of September when the current deferral scheme and government support packages expire Australia is going to fall off of a “Financial Cliff.” To save lives, governments moved quickly to stop the spread of coronavirus. When the economy was crushed by restrictions on movement and “normal […]

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