Jun 4, 2020, 06:05 AM
No-one can be certain about the full impacts of COVID-19 on the economy, on investments and on people’s lives. The extent depends on the pace and strength of recovery and the return of consumer and investor confidence.
Like many nations across the world, Australia has looked to protect our health and economy through intervention, including extraordinary support from the Federal Government, State Governments, Reserve Bank of Australia and regulatory bodies.
The pandemic has impacted the commercial property sector in different and varied ways, including large numbers of office workers currently working from home, retail tenancies having to temporarily close, and an increase in demand for industrial space from retailers and logistics companies struggling to keep pace with the increase in online shopping.
In an environment of economic uncertainty, where most economic commentators expect interest rates to stay low for the foreseeable future, investors will be increasingly looking for secure and stable income yields.