Any bank customer that relies on tourism or farming in the bushfire-affected areas will be under some substantial pressure and it could lead to lower property prices and more defaults.
News
ASIC to stretch bank board crackdown to cover big listed companies
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15 January 2020
ASIC chairman James Shipton says auditors and superannuation trustees will be under more scrutiny and will face more enforcement action this year.
Melbourne property prices set to keep rising in 2020 unless affordability derails momentum
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09 January 2020
It was a strong finish to 2019 regarding the property market, does 2020 hold more of the same?
RBA paves the way for early rate cut in 2020
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19 December 2019
Australia’s central bank say they will reassess the economic outlook at their first meeting next year and market economists say it could mean an early rate cut.
The spring auction selling season in Melbourne has kicked on into early summer this year
Read more
17 December 2019
The spring selling season has ended but it hasn’t stopped what has been an unusually busy period for auction listings early in the summer.
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