What’s ahead for our economy? NAB forecasts with charts

What’s ahead for our economy? Clearly Australia’s economy was massively hit by Covid-19 and the associated lock downs in March and April. But since then activity has rebounded more quickly than most economists expected. While recent developments in Victoria are concerning, Australia still remains much better placed that other countries (especially the USA) to reopen […]

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What’s the impact on Melbourne’s housing market likely to be as a new round of lockdown measures are implemented?

With Melbourne returning to lockdown conditions amidst an acceleration in virus cases, it’s worthwhile looking back at the housing markets performance through the earlier lockdown period. From midnight of July 8th, residents of Melbourne and the Mitchell Shire will be unable to leave their home unless they are shopping for essential items, seeking/giving medical care, […]

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What’s really happening with mortgage stress?

There’s no doubt that the economic fallout of coronavirus has left many people feeling uncertain about their future when it comes to finances. You’ve probably seen the term ‘mortgage stress’ being bandied about in the media. Some of the usual suspects are touting headlines that suggest up to one in five Australian households, a massive […]

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