Or will usher in the buying season

As consumer confidence returns to levels unprecedented since the outbreak, more than half of Australians believe that now is a good time to buy a house. The latest Finder research shows that 59% of Australians believe that June 2020 is a good time to buy a house, compared with 42% in April. Among those who…

Many bank customers end the buffer period early

Australians ended their mortgage loan holiday during the New Crown pandemic earlier and resumed repayment earlier than expected. Mark Hand, head of Australia’s retail and commercial sector at ANZ, said about one-third of ANZ customers who had previously suspended their loans have restarted repayment. He recently revealed that with the relaxation of social alienation measures,…

Morrison sets a target of 4% annual economic growth

Australian Prime Minister Scott Morrison said that in the next five years, the economy must grow at an annual rate of nearly 4% to recover from the recession caused by the new crown epidemic. He also warned that employment support measures must make way for an investment agenda that promotes growth. The Prime Minister warned…