Keeping up with institutional responses to COVID-19

From March 2020, containing the spread of COVID-19 in Australia has involved measures directly and indirectly impacting the property sector. To lessen the economic impact, a wide array of temporary monetary, fiscal and social policies have been introduced. Those most pertinent to our industry are summarised here. 

Overall value of stimulus to date

At the start of April, stimulus packages totaled approximately $331.6 billion, or 16.6% of GDP 

Monetary policy

Over March, The…