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Archive for March 2020

Further protections for businesses: loan deferral scheme extended

By Zelka | March 30, 2020

Here’s some promising news for big and small businesses alike: six-month loan deferrals are now available to larger businesses on the condition that they don’t terminate leases or evict tenants for falling behind on their rent due to COVID-19.

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Need to pause your mortgage repayments? Here are the banks’ deferral policies

By Zelka | March 23, 2020

This is one article we hope you never have to read. But if COVID-19 has impacted your income to the point where you may need to pause your mortgage repayments, then we’ve broken down the banks’ deferral policies for you.

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Loan repayments deferred six months for small businesses affected by COVID-19

By Zelka | March 20, 2020

If your small business is being affected by the coronavirus your loan repayments will be deferred for six months, says the Australian Banking Association (ABA).

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RBA cuts cash rate to record low 0.25% amid COVID-19 outbreak

By Zelka | March 19, 2020

The Reserve Bank of Australia (RBA) has cut the cash rate to a record low of 0.25% following an emergency meeting due to the impact the coronavirus is having on the economy.

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Homeowners impacted by COVID-19 encouraged to contact lender

By Zelka | March 18, 2020

Homeowners who have had their income impacted by the coronavirus outbreak are being encouraged to seek out hardship options with their lender.

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The coronavirus economic stimulus plan for SMEs explained

By Zelka | March 17, 2020

Small businesses all around the world are facing uncertain times. However, rather than shutting up shop until COVID-19 passes, the federal government is hoping to stimulate SME spending through a raft of initiatives and tax incentives.

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First home buyer numbers spike to 10 year high

By Zelka | March 12, 2020

First home buyers are throwing themselves into the property market in numbers not seen since 2009.

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SME owners impacted by coronavirus urged to contact creditors

By Zelka | March 5, 2020

SME owners concerned about the coronavirus outbreak impacting their cash flow are being urged to talk to their creditors as soon as possible.

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RBA cuts cash rate to record low amid coronavirus concerns

By Zelka | March 3, 2020

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets.

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    We at CARE Financial Services PTY LTD are a private family owned mortgage broker, originally established in 2005 with over 20 years experience in lending, banking and finance.
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