Tag: COVID-19

COVID-19: Restriction Changes For June

  Earlier this week, our Premier Daniel Andrews updated Victorians on new restriction changes for June.       As of Tuesday, 26th May 2020, the following places will be re-open: Outdoor playgrounds Skateparks Outdoor communal gym equipment     From 11:59pm 31st May 2020, the following rules will apply: A total of 20 people

COVID-19: RESTRICTION CHANGES FOR MAY

On Monday 11th May 2020, our Premier Daniel Andrews announced new restriction changes for Victoria.   Restriction Changes for Indoor and Outdoor Gatherings From 11:59PM Tuesday, 12th May 2020: “…there’s now a fifth reason to leave home: visiting friends and family – with a maximum gathering of up to ten outdoors and having up to

COVID-19: 3 Steps For Removing Restrictions

Restrictions are likely to start easing!     Today, National Cabinet held a meeting to discuss about the easing of Stage 3 restrictions, scheduled to end 11th May 2020.   Image Sourced from here.     After the meeting, our Australian PM Scott Morrison announced that the National Cabinet have plans to remove restrictions by July,

COVID-19: Victoria’s Rent Relief Package

The news everyone in Victoria’s rental industry has been waiting for – the announcement of a Rent Relief Package.     On Wednesday 15th April 2020, Victorian Premier Daniel Andrews announced his plans to pass a legislation on a Rent Relief Package.   On Thursday 23rd April 2020, the Rent Relief Package was passed by

COVID-19: PRIVATE INSPECTIONS AND RENTAL PAYMENTS

  TENANT RENTAL PAYMENTS AND LANDLORD MORTGAGE PAYMENTS   If you are a residential tenant or landlord, here is the latest information you need in relation to your rental/mortgage payments during COVID-19.     As stated by the Victorian Premier, Daniel Andrews, on 30th March 2020: “… National Cabinet has agreed to a moratorium on

COVID-19 MARCH UPDATE

As of March 1st 2020, Victoria had a total of 9 confirmed cases with coronavirus (COVID-19).   After one week, a few more cases were confirmed, bringing the total to 14.   After another week later, the number of confirmed cases rose to 69.   Three weeks into March, the total jumped to 284 cases.

Affects of COVID-19 on Australian Property Market

The end of 2019 ended quite well with the gradual recovery of the property market, interest rate cuts and easing credit conditions. We could see an overall increase in property prices as prices started to recover. But times are changing due to COVID-19. Uncertainty is everywhere.   The pandemic known as the coronavirus, a.k.a. COVID-19,

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