Spark Your Fire (OZ Property/Crypto/Shares & Macro)

Weekly news wrap-up!

July 24, 2020

In this weeks news - 

1.99% interest rate currently being offered in the markets. 

Melbourne house values drops $32k. 

Rating agencies have reaffirmed Australia's AAA credit rating after Thursday's economic update, despite a record deficit of $184.5 billion. 

Migration numbers drop from 232,000 to 31000 in 2020/21 - 
https://www.afr.com/property/residential/property-in-uncharted-waters-as-migration-dives-20200723-p55epo

WeWork Australia asking for rent relief - https://www.afr.com/property/commercial/wework-australia-asks-landlords-for-rent-relief-20200722-p55ebc

#Silver closing in on its best week in 40 YEARS.

& more!