There’s been a lot of questions coming in about the coronavirus and its implications to the property market, the finance sector and the economy at large — particularly in direct response to the higher levels of social distancing regulations we’re now seeing and its flow–on effect to...
If you’ve seen the headlines recently, you would notice these:
ASX finishes worst week in more than 11 years
Dow drops more than 900 points, ending worst week since 2008
And then yesterday night, for those who’re active with the share market news, you’d probably notice this:
As you’re likely aware, the coronavirus has NOT slowed. In fact, the coronavirus pandemic was having deep ramifications for financial systems right around the world, until central banks stepped in.
So in his unprecedented speech late last week, Dr Philip Lowe announced an Emergency Rate Cut...