Ever-tightening social distancing measures saw a good portion of Australia’s auctions withdrawn on the weekend, weakening the property market.
News
Tasmania debates emergency rental laws and other states could follow suit
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26 March 2020
Emergency laws are being debated in Tasmania that would protect renters from being evicted for four months during the coronavirus crisis.
Melbourne auctions face hiatus as part of non-essential service shutdown
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24 March 2020
Melbourne’s weekend auctions could be suspended as part of a state-wide shutdown of non-essential services.
RBA makes emergency interest rate cut to new record-low 0.25%
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19 March 2020
The RBA has made an emergency interest rate cut in the face of the coronavirus pandemic, slashing them to a new record-low of 0.25 per cent.
Property buyers were still out and about at Melbourne auctions on the weekend despite health fears
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17 March 2020
Property buyers were still keen to get out and about on the weekend despite coronavirus spread fears, although real estate agents were noticeably putting away their handshakes to limit possible spread.
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