New crown does not affect credit rating

One of the world’s most important rating agencies says the coronavirus outbreak will affect the Australian economy but will not affect the federal government’s rating. S & P Global said on Thursday that they believe the outbreak will reduce Australia’s GDP growth by half a percentage point, but this does not mean it will directly…

Comparison of foreign home ownership in Australia and New Zealand

Foreword In many countries, including New Zealand and Australia, foreign ownership of property is receiving increasing attention. From 2018, New Zealand will ban foreigners from owning residential properties to curb housing inflation and high vacancy rates. What happened in New Zealand The inflation rate for residential properties in New Zealand reached 10.46% last year. In…