Brendan Sproules, head of Citibank’s research department, said that APRA’s move to restrict bank dividends in 2020 may give banks the opportunity to reset the dividend payout rate. Mr. Sproules said in a report that as long as COVID-19 remains a threat, the remaining capital will be returned to shareholders in the form of repurchase…
The waterfront and inland resorts on the outskirts of Melbourne soared to the top of buyers’ wish lists in 2020. The tree-lined enclaves Park Orchards, Montmorency and Ferntree Gully on the Mornington Peninsula are more sought after than ever, as the new crown epidemic has stimulated population outflows from the inner city. Realestate.com.au listing views…
ANZ decided to expand the scope of its mortgage deferred loans. Customers with good credit and in need will be able to apply for deferred loans. This makes the bank the bank with the highest ratio of frozen loans to total loans among the four major banks. According to data from the Australian Prudential Regulation…
In Australia’s capital cities, the price of entry-level homes has risen much faster than that of other price ranges, making the dream of many first-time buyers even more distant. If it is said that the high-end housing market led the price recovery after the epidemic, then the cheapest real estate has pushed the market to…
Bitcoin surpassed $20,000 for the first time, another milestone in this controversial digital asset’s dramatic surge this year. The world’s largest cryptocurrency rose by as much as 7% in New York trading on Wednesday to $20,787 (A$27414). The derided forecast a few months ago was confirmed and led to higher forecasts. Bitcoin has almost tripled…
A developer recently listed a plan for a famous office building in Melbourne’s central business district. The plan aims to design a 52-storey tower, and it has been approved. This 6,100 square meter building, 74% of which is currently leased out, is the facade of Exhibition Street, Strachan and Chester Lanes at the junction of…
At present, some small but stable capital cities are facing a shortage of housing due to increased demand. Suburban homeowners, which are popular among first home buyers, are expected to take advantage. First home buyers are the driving force of the current property market, accounting for more than one-third of the market share. New data…
Starting today, cafes and restaurants have lifted the mask order restrictions, and the number of people open at public and private gatherings has also increased. However, the Governor of Victoria stated that the public will continue to comply with the latest regulations until the new crown vaccination is completed on a large scale. Daniel Andrews…
The towering apartment is located in the clouds, with a total floor height between 210 and 319 meters, free to enjoy the magnificent views of the CBD and its surrounding areas. Australia 108’s 161 high-quality Cloud Residences are located in the heart of Southbank Avenue. The price of some residences has soared to over $5…
According to data from the Australian Bureau of Statistics (ABS), the number of employed people has increased for two consecutive weeks. As of mid-November, the number of jobs in Victoria has risen by 0.4%, and the number of jobs in Australia has risen by 0.1%. The labor market is recovering strongly. Despite this, the number…