Deep concerns about the economic pain among SMEs will see onerous aspects of the government's bank finance support scheme removed and its scope extended.
It is hardly surprising people have no plans to buy major household items anytime soon as droves continue to turn to job-seeker support. The number of jobseeker recipients has jumped by more than 35,000 since March 20, a few days before the country went into lockdown, the Trea...
The Reserve Bank expects the 12-month suspension on mortgage lending restrictions will encourage banks to let borrowers defer repayments if needed. The central bank is pressing ahead with plans to suspend its limits on high loan-to-value house lending after also considering ea...
Manufacturing’s contribution to the economy has been falling faster than in other developed countries during the past decade and risks further decline without more targeted policy and investment, a recent study says.While the sector has grown in terms of both employment and GDP i...
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articles by Pattrick