RBA’s Melbourne Cup Day hike shows inflation isn’t going down Without a Fight.
Melbourne Cup Day isn’t Melbourne Cup Day without an RBA decision and today borrowers aren’t the ones celebrating a win. As horse ‘Without a Fight’ was running first past the post, the RBA’s decision was announced to increase the cash rate by 25 basis points – taking the rate to 4.35%. Last time it was […]
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Code of Conduct for Commercial Landlords and Tenants
Today the Government introduced a new mandatory Code of Conduct for practice between landlords and tenants who have been significantly impacted by the Coronavirus pandemic. The code will apply where a tenant or a landlord are eligible for the Job Keeper program and promotes both parties getting together to work out a mutually acceptable arrangement. […]
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Access to superannuation during economic crisis.
The government has announced that it will provide special access to superannuation benefits for individuals who have experienced a reduction in their income or have now become unemployed, retrenched or stood down. Currently a person can access part of their superannuation entitlements if they satisfy certain conditions under ‘compassionate grounds’. For example, in order to […]
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