As Reserve Bank Governor Philip Lowe warns that Australia’s recovery from recession will be “uneven” and “bumpy”, new data from Roy Morgan shows the financial impact COVID-19 has had on Australians and also shows how people who have suffered negative changes to their employment during the COVID-19 pandemic have fared far worse than others. Almost…
The resilience of real estate was proven yet again as property prices rose over the year. And now all the forecasts for 2021 seem very positive. But what can we learn from how our property markets emerged from previous economic downturns? Looking back you’ll find that median house price growth was very strong as you’ll…
The Reserve Bank has just released its latest credit and charge card data, revealing Australians have knocked $7.68 billion off personal credit card debt accruing interest this year. Over the same period, businesses have cut $401.7 million from credit card debt accruing interest. This brings the total reduction in credit card debt accruing interest for…
![[Podcast] Property Investment tips for 2021. Is this changing property trend permanent with Dr Nicola Powell](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/12/MY-podcast-233-3-Property-Tips-for-2021-Nicola-Powell3-270x200.jpg)
Life after coronavirus will never be the same as before. We’re waiting for a new beginning, and the forecasts for 2021 are starting to appear one by one, and some of them are more optimistic than others. Today, I’d like to share two sessions with you that will help you make the best of 2021….
The bank of mum and dad has left its doors open to help young Australians to get ahead financially and 2020 has been no exception according to the recently released Consumer Pulse Report by Canstar. And not surprisingly, some adult children have moved home or are staying at home longer than anticipated this year as…
