. Speaking with Sky News, Mr Hassan said it is becoming apparent the commercial sector is becoming the “collateral damage” of the health crisis. “In many cases there are some structural shifts that may occur over the medium term,” he said.
“We all know about the move to remote learning as part of the coronavirus has been massive.” “With health restrictions easing there are question marks over the longer term: we are not going back to chock full CBD’s and public transport at full capacity and offices are going to see long-term changes and medium-term changes.” Business Weekend is brought to you by Westpac.
Westpac Commercial market will still remain relatively ok because of the yields it continues to give. Investors won’t be excited by the 1%plus on offer by the banks for cash, nor the volatility of the share market.