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On this episode of The nestegg Podcast, the CEO of Industry Super Australia, Bernie Dean, shares his insights into the impact of COVID-19 on super funds.

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Bernie joins host Grace Ormsby to unpack how the economic downturn has been affecting different demographics, why many in the older age bracket are experiencing increased levels of anxiety, and what those people can do to preserve their nest egg and minimise their losses.

Bernie also delves into Industry Super Australia’s stance towards accessing superannuation early as part of the government’s stimulus measures, whether now is a good time for people with the means to contribute extra to their super, and industry fund plans for a road to recovery for both their members and the national economy.

Thanks Bernie, for sharing your insights with the nestegg podcast team!

You can keep up to date with what Industry Super Australia are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Friday, 05 June 2020

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Capital city property growth fades

By Staff Reporter · April 24 2014

Reading:

Invest

Capital city property growth fades

By Staff Reporter
April 24 2014

Reading:

Capital city property growth fades

By Staff Reporter · April 24 2014

Reading:

Australian Property Monitors (APM) has said capital city property growth rates are slowing, with the national median house and unit prices dropping to the lowest rate of quarterly growth seen in the past 12 months.

According to APM’s latest Quarterly Housing Report, after a strong end to 2013, all capital housing markets have recorded “softening growth rates” over the March quarter.

“Sydney clearly remains the strongest performing capital city; however, growth rates are significantly less than that recorded over the December quarter,” APM said in a statement.

“The median house price rose by +3.1 per cent over the March quarter, down from the extraordinary +5.1 per cent increase seen during the three months to December. Unit prices were up by +2.6 per cent, softening from the +3.2 per cent growth recorded over the previous three month period,” APM added.

APM senior economist Dr Andrew Wilson said the Sydney boom has “well and truly faded”, with house and unit price growth at their lowest rate since March last year.

“The moderation of boom-time results in Sydney can be expected to continue as emerging affordability barriers and declining investor activity impacts the market,” he said.

“Nationally, the December quarter 2013 is likely to be the high water mark in the cycle for growth rates.

“Following the impact of historically low interest rates, local supply and demand factors are reasserting their predominant influence, particularly in regard to employment and incomes growth,” he added.