Risks ‘insolvency tsunami’ when coronavirus aid ends

Australia risks ‘insolvency tsunami’ when coronavirus aid ends Australia risks ‘insolvency tsunami’ when coronavirus aid ends SYDNEY — Australia faces an “insolvency tsunami” when government handouts to help businesses cope with coronavirus restrictions expire on Sept. 29. The payments are a major plank of the government’s stimulus package, which now runs into the hundreds of […]

Experts predict economic ‘bloodbath’ when JobKeeper, JobSeeker ends – Business owners need to protect what they are owed

Experts predict economic ‘bloodbath’ when JobKeeper, JobSeeker ends – Business owners need to protect what they are owed Experts predict economic ‘bloodbath’ when JobKeeper, JobSeeker ends – Business owners need to protect what they are owed Experts predict economic ‘bloodbath’ when JobKeeper, JobSeeker ends In April, the number of businesses going bust actually decreased. But […]

BOMAD News – Bank of mum and dad still key for buyers

Bank of mum and dad still key for buyers Bank of mum and dad still key for buyers Two in five first-time buyers expect to receive money from family members in order to get on the property ladder, according to a survey from KBC Bank. Of these, around a third of would-be home buyers plan […]

‘Catalytic impact’: end of hardship measures could trigger collapse

‘Catalytic impact’: end of hardship measures could trigger collapse ‘Catalytic impact’: end of hardship measures could trigger collapse ‘Catalytic impact’: end of hardship measures could trigger collapse Hardship assistance given to mortgage holders who have been affected by the coronavirus pandemic has bolstered consumer spending, but the withdrawal of private-sector support to households threatens to […]

BOMAD News – Mortgage lenders retreat from first-time buyers with low deposits

As Mortgage lenders retreat from first time buyers with low deposits the ‘Bank of Mum & Dad’ is more vital than ever As Mortgage lenders retreat from first time buyers with low deposits the ‘Bank of Mum & Dad’ is more vital than ever Mortgage lenders retreat from first time buyers with low deposits  Providers […]