Mortgage applications for first homebuyers drop sharply
Expert says 'younger Australians continue to be the most impacted amid current market conditions and cost of living constraints'.
Expert says 'younger Australians continue to be the most impacted amid current market conditions and cost of living constraints'.
New superannuation report says 'Australians have high expectations for a glorious retirement'.
CBA boss says economy is is faced with 'higher interest rates and inflation placing uneven pressure on household incomes'.
Key costs for Australian small businesses have climbed by 24.6 per cent since the start of the COVID-19 pandemic, according to research by AMP Bank Go.
Consumer sentiment is weaker but discretionary spending is not 'falling off a cliff in Australia'.
A little-known scheme allows first-time homebuyers to use their superannuation fund as a tax-advantaged method for saving for a deposit.
Research firm shows massive uptick for superannuation funds and describes it as a 'tremendous result'.
Boosted by the banking sector, the Australian share market's main index has overcome its morning losses to finish the day flat.
But current cost-of-living pressures see Australians wanting at least $1 million in super to fund life after work.
The head of Australia's second-largest bank is more worried about businesses delaying investment decisions than the impact of higher interest rates.