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Residential property ownership is often achieved by saving a deposit and funding the balance via a mortgage. As such, when looking to enter the property market, gauging our potential borrowing power can be useful.

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Jenni Anderson
Market Review June 2020

It is apparent that many investors were ‘voting’ for a sharp rebound once the dark COVID-19 clouds cleared. The S&P/ASX 200 Index ticked past 6,000 points in early July and is once again in bull market territory. Stocks that are leveraged to online retail activity have been standout performers during this isolation period, including Kogan, Temple & Webster, and City Chic. The past three months of hyper growth rates in online sales have been the equivalent of the past three years of cumulative growth.

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Jenni Anderson
Victorian Business Support Fund-Expansion

$5,000 support grant for Victorian business’ impacted by the current lockdown. The Victorian Government has announced that Stage 3 ‘Stay at Home’ will be in reinstated across metropolitan Melbourne and Mitchell Shire from 11:59 on 8 July 2020 to help slow the spread of coronavirus (COVID-19) in Victoria. These restrictions will be in place for six weeks and will then be reviewed by the Chief Health Officer.

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Jenni Anderson