The CoreLogic Quarterly Rental Review for June suggests that paying a mortgage is now cheaper than paying rent on approximately 36% of Australian properties. This is higher than before COVID which was approximately 33%.
Tenants across NSW will receive a 60-day eviction ban, while both residential and commercial landlords can apply for financial assistance to reduce their tenants’ rental payments.
The NSW Government has extended the COVID-19 lockdown. COVID-19 is spreading fast. So Stay safe, and stay at home.
Restrictions are up to 11.59pm Friday 16 July
From 6pm on Saturday 26 June to 11.59pm Friday 16 July, the stay at home direction applies to people who live in, usually work in, or usually attend a university or other tertiary education facility in Greater Sydney including the Blue Mountains, Central Coast, Wollongong and Shellharbour local government areas.
COVID-19 is very serious. It can cause severe illness and death in people of all ages. People with COVID-19 are now in hospital in NSW.
Stay at home unless leaving for an essential reason, then:
> One member of the household ONLY should leave home to shop for food once each day
> You may leave home to seek medical care, exercise, or for essential work and education
> You can leave home to get a COVID test or get vaccinated
Wear masks indoors. Protect yourself and others.
Do not have visitors to your house. Do not have family visitors if they do not live at your house.
Everyone in your family should get tested if anyone has COVID-19 symptoms or has come into contact with someone with COVID-19.
Existing restrictions remain in place for regional and rural NSW until midnight Friday 16 July.
The Real Estate Institute of Australia [REIA] has announced the winners of the 2021 REIA National Awards for Excellence presented by realestate.com.au
The cost of long term money for banks is rising. This suggests that longer fixed-term loans to consumers are already increasing. However, a small group of lenders has continued to offer the low rates from last year.
Real Estate Institute of Australia (REIA) have announced the finalists for the REIA National Awards for Excellence 2021 which is being presented by realestate.com.au
The federal government has announced its Budget for the 2021–22 financial year. Family Home Guarantee program will help single parents buy a home, New Home Guarantee program, New Home Guarantee program, First Home Super Saver Scheme (FHSSS), Downsizer contribution to super.
Realbot.com.au [realbot] is proud to be a supporting partner of the 2021 Real Estate Institute of Australia (REIA) National Awards for Excellence which will be held in Darwin on 9 – 10 June 2021.
The Reserve Bank of Australia governor Philip Lowe made it clear that recent speculation in financial markets that some central banks, including in Australia, may increase rates earlier than expected, was not an expectation that the RBA shared.
People are advised to speak with their bank if they are in financial difficulty. If they are unhappy with the bank’s response then they should make a complaint to the Australian Financial Complaints Authority and call the National Debt Helpline.