Banks move to support landlords, tenants

Banks move to support landlords, tenants

Australian banks will extend the six-month deferral of loans to 30,000 more businesses to help them cope with the COVID-19 pandemic. The additional measure, announced on Monday by the Australian Banking Association, will see the repayment deferrals expanded to...
Banks move to support landlords, tenants

BOQ, QBE can outlook, Ansell sales up

Bank of Queensland and QBE have joined a long list of ASX firms to withdraw earnings guidance but rubber glove maker Ansell has boosted sales amid the coronavirus pandemic. Ansell, which was joined on Monday by insurer IAG in maintaining its outlook, said it had...
Banks move to support landlords, tenants

NIB defers premium increase by six months

NIB is postponing its April 1 health insurance premium increases for at least six months in a move to ease the economic burden on members. The insurance giant on Monday said freezing the premium increase – which averages 2.9 per cent – complemented other...
Banks move to support landlords, tenants

Gold eases, despite big weekly gains

Gold fell on Friday on caution ahead of the weekend, but prices were set to post their biggest weekly gain since 2008 as economic damage expected from the coronavirus boosted bullion’s safe-haven appeal. Platinum and palladium were on track for their biggest...
Banks move to support landlords, tenants

Copper steadies near four-year lows

Copper prices stabilised close to four-year lows as disruption to supply caused by shutdowns of mines and shipping routes began to offset the huge hit to demand from the coronavirus outbreak. Benchmark copper was down 0.2 per cent at $US4,795 a tonne on Friday,...