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COVID accelerates home ownership intentions


COVID accelerates home ownership intentions
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Sarah Buckley
Sarah Buckley
A
The coronavirus pandemic has fast-tracked the home buying intentions of young Australians, according to research.
According to research commissioned by Mortgage Choice and conducted by CoreData in October 2020, 45 per cent of the 1,023 respondents said they were more likely to purchase a home due to the coronavirus pandemic.
While the majority of respondents (85.9 per cent) said they had changed saving and spending behaviour since the pandemic (with 70 per cent saying they intend to maintain these habits), young people were found to be particularly keen to save.
According to the research, saving money is now rated as the highest priority for young people. In order to buy a house sooner, 60.2 per cent of respondents said they were reducing their spending, 58.5 per cent were contributing more to their saving accounts, and 43.4 per cent said they were applying for firs ....

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Next generation plastic start-up Xampla accelerates growth with further £6m seed investment


Next generation plastic start-up Xampla accelerates growth with further £6m seed investment
LONDON, Jan. 8, 2021 /PRNewswire/ University of Cambridge spin-out Xampla has today announced it has closed a £6.2m seed finance round, led by the backers of Zoom, to accelerate the roll-out of its next generation plastic replacement. The investment follows a £2m round announced in April last year.
The company has ambitious plans to replace microplastics and single-use plastics with its entirely natural plant-protein alternatives. Xampla is chaired by Jeff Seabright, the former Chief Sustainability Officer of Unilever, and is the first UK university spin-out to secure B Corp accreditation. ....

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