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On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss whether owner-occupiers should withdraw from the property market, the effects of Tuesday blues on the ASX, upcoming super changes and more.

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Steve Waters, director of Right Property Group, chats about current property price movements and whether owner-occupiers are being priced out of the market.

RMIT’s senior lecturer of finance, Dr Angel Zhong, delves into the Tuesday blues effect and the implications for Aussie investors.

And lastly, tax and super guru Timothy Munro talks about upcoming super changes and shares his handy checklist ahead of tax time.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

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Are you being priced out of the market? Have you got the Tuesday blues? And are ...

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Melbourne’s lockdown ends tomorrow

By Reporter

June 09 2021
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Invest

Melbourne’s lockdown ends tomorrow

By Reporter
June 09 2021

As announced, Melbourne will begin its path out of lockdown as of 11.59pm Thursday evening, but some restrictions will remain.

Melbourne’s lockdown ends tomorrow

By Reporter

June 09 2021
Share

As announced, Melbourne will begin its path out of lockdown as of 11.59pm Thursday evening, but some restrictions will remain.

Acting Premier James Merlino said the high COVID-19 testing and vaccination numbers throughout the state had granted the leeway necessary to ease the shutdown that has gripped Melbourne for the past fortnight.

"Everybody should be very proud of what we have all achieved together," he said.

But, despite announcing the end of lockdown, some businesses in Melbourne will remain closed, this included gyms, amusement parks, dance studios and nightclubs.

On the upside, the five reasons to leave home will be dropped, while offices will be able to have a capacity of 25 per cent or cap of ten, whichever is greater.

Retail too is set to reopen, but with density limits of one person per four square metres.

“From 11:59pm tomorrow night, metropolitan Melbourne will move to most of the same settings currently in place across regional Victoria, and regional Victoria will move further towards further easing,” the Premier said.

Acknowledging also the impacts of the lockdown on mental health, Mr Merlino said “the whole pandemic has had an impact on mental health.”

“I’ve been really upfront about that. We delivered the biggest investment in mental health that this nation has ever seen: $3.8 billion.”

From tomorrow Victorians will be able to play golf, however they will still not be allowed to enter gyms.

"For gyms, for example in Melbourne, we need a further 7 days where they will be closed and to support them, we have provided this top-up funding."

"Our expectation is Thursday next week, Thursday night next week we will be able to have our gyms open, as they will be able to from Thursday night this week in regional Victoria."

More to come

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