Westpac Scraps First-Half Dividend

The video discusses the impact of the global banking crisis, focusing on Australian banks' dividend decisions and the broader industry outlook. It highlights the role of fiscal support in mitigating economic stress and examines the real estate market's resilience amid the pandemic. The discussion covers potential future scenarios based on health developments and economic recovery.

What are the potential implications if the current economic situation continues without improvement?

What signs of strain are being observed in the apartment market, and what are the contributing factors?