3 weeks into Stage 3 restrictions banks are taking a conservative approach introducing blanket rules to consumers from certain industries. Is this a bit extreme given there are people in affected industries that have businesses performing better than they were prior to the crisis. We talk about some new rules banks have started rolling out when assessing loan applications, and an update on how the property market is performing. Properties are still selling, albeit not many being listed, there is increased activity as the saga continues.
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