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The pandemic has changed consumer behaviour forever — and online shopping looks set to stay

Billions of people affected by the COVID-19 pandemic are driving a “historic and dramatic shift in consumer behaviour” — according to the latest research from PwC. The consulting and accounting firm’s June 2021 Global Consumer Insights Pulse Survey reports a strong shift to online shopping as people were first confined by lockdowns, and then many continued to…

Lockdown bank relief: what’s on offer for you?

With lockdown restrictions tightening across NSW and extending in Victoria, Australia’s banks have rolled out extra support to affected customers. This week our largest bank, CBA, has extended its foreclosure moratorium, which means the bank won’t evict a customer in arrears until at least February 2022. Support being offered by Australian banks Mortgage deferrals (size…

Money lessons we can take away from COVID-19

There is no doubt that COVID-19 will be remembered as a lifetime event that changed the world forever. This unprecedented pandemic continues to destroy many families with the death toll rising daily, and crippling the global economy at large. Just like any other crisis that has come and gone, there are lessons we can all…

How Many People Die Each Day? [Infographic]

While we seem to have Coronavirus under control in Australia, but overseas COVID-19 pandemic rages on and the media continues to rattle off statistics at full force. However, without a frame of reference, numbers such as the death toll can be difficult to interpret. Mortalities attributed to the virus, for example, are often measured in…

Insights into a post COVID recovery

Understanding how Covid lockdowns have impacted certain individuals and industries, helps to inform us about how quickly the economy and markets may recover. With this in mind, I thought it was useful to share a number of charts published recently by the RBA and banks which provide important and interesting insights. Covid has discriminated against younger workers…

Has COVID-19 changed real estate forever?

Has COVID-19 changed real estate forever? A report from real estate company McGrath has concluded the pandemic will certainly cause sectors of the population to adjust both their way of thinking and their behaviour in a permanent way. The home The virus has prompted many Australians to reassess their lives and make new choices for…

Deflation and low rates support dwelling values through the pandemic, but could weaken the position of non-home owners

The latest CPI results from the ABS showed a 1.6% increase in the consumer price index over the September quarter. The increase was the highest quarterly result since 2006, and adjusting for a strong rise in inflation takes some shine off the recent value increases seen across smaller capital city housing markets in the period. Factoring…

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