The majority of companies have had to change the way they go about their business in order to survive. A good example of this is realestate.com.au, who recently announced a new product called Pay on Sale.
Executives need to change their mindset to one of learning, improving and innovating. As much as possible, they should carve out time to think about what they need to do in the short term, such as dealing with staff and customer challenges, as well as over the long term.
Reserve Bank of Australia governor Philip Lowe dismissed concerns over liquidity in the superannuation system and poured cold water over suggestions the central bank could provide support.
There have been sweeping changes to regulations across a variety of industries, all in the name of keeping the economy afloat during current shutdowns. In the context of COVID-19, it’s hard to argue against these changes. But there also those who are already calling for this deregulated environment to continue even once the virus is contained.
A few days ago, CoreLogic released their Hedonic Home Value Index report for April and it confirmed what we’ve been seeing ourselves over the course of the month.
At the start of the year, retail property was performing exceptionally well. Like so many things, COVID-19 has changed that.
