Friday Wrap

July 10 2020

Playback Rate
1.00x
Current Time 0:00
/
Duration Time 0:00
Progress: NaN%

*Lockdown in VIC take 2

-Some small businesses unfortunately wont survive the second round.

*Sharp fall in home loan approvals data

Conflicting data because -> there are some incredable offers out there at the moment and the retention teams of most banks are running in overdrive with price matching and cashback to stay.

*Great rates being advertised at the moment

-some lenders no longer doing pre-approval

-brokers losing business to banks/other brokers

*extension of repayment holidays

-Dangers of repayment holidays

-Some smaller lenders cant/wont do it

-Jobkeeper policies still in there works.

*Super... some people have depleted their Super during this period. That said, some lenders will accept it as contribution as long as the story makes sense.

To read more, join Finance and Coffee today!

Access this content and lots more!


Login

Join now