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Retail sales plummet 17.9% as retailers struggle during pandemic

Australian retail turnover recorded its worst ever monthly fall plummeting nearly 18% in April in seasonally adjusted terms.

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millennials save money

Should I buy or sell a house during the COVID-19 pandemic?

It’s one of the most Googled questions since the outbreak of the coronavirus pandemic: should I buy or sell a house right now?

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Macquarie Bank makes sweeping home loan rate cuts

Macquarie Bank and Northern Inland Credit Union have made a sweeping raft of rate cuts across their owner occupier and investment home loans.

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The Australians accessing their superannuation early revealed

Analysis by AMP reveals who is applying for the government's early access super scheme.

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Consumer confidence bounces back in May: Westpac

Consumer confidence surged in May, marking the biggest monthly gain since the survey began nearly 50 years ago as Australia's success in containing the virus led to an easing in social restrictions.

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Coronavirus to deliver $143b blow to economy: Deloitte

The economy is set for the biggest crash since the Great Depression, according to a new forecast.

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Banking royal commission overhaul delayed due to coronavirus

The federal government has hit pause on the implementation of the banking royal commission recommendations for six months due to COVID-19.

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House prices to drop up to 15% in Sydney and Melbourne, banks say

Australia's strongest housing markets are set to be hardest hit by the coronavirus pandemic, with NAB and ANZ predicting double-digit price falls.

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Coronavirus house price falls unlikely to increase home ownership: AHURI

Home ownership across Australia is predicted to fall despite house price falls brought on by the COVID-19 economic crisis.

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Coronavirus drives record growth for retail sales in March

Retail sales increased by a record 8.5% in March, as panic buying and online shopping spurred an enormous increase in consumer activity.

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