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Economy
We have all had a sense of it for some time, but an Australian Bureau of Statistics survey just released confirms we are not the happy-go-lucky people we once were. Conditions are just getting the better of us.
Economy
Economic echoes of the post-COVID-19 period indicate global volatility will not break Australia’s hunger for credit, lowering the odds of recession.
Economy
Treasurer Jim Chalmers has poured cold water on suggestions the budget will include a cash splash for households for cost-of-living relief.
Economy
The central bank, which raised interest rates on Tuesday, has released its latest set of quarterly economic forecasts and the news is not great.
Economy
Australians have been spending more of fuel and groceries and less on life’s little luxuries as fighting continued to rage in Iran, new data has shown.
Economy
The head of Australia’s second-largest bank is more worried about businesses delaying investment decisions than the impact of higher interest rates.
Economy
Mortgage holders are set to be cumulatively worse off by hundreds of dollars a month in interest payments since February after another Reserve Bank rate hike.
Economy
Jim Chalmers is putting the finishing touches on his fifth federal budget, with some of the measures starting to be revealed.
Economy
The head of Australia’s second-largest bank has warned the federal government the nation needs to be better prepared for future events, as the war continues.
Economy
Australia’s current housing crisis has been four decades in the marking, says Federal minister Clare O’Neil. And the “madness” of development red tape is at the root of the issue.
Economy
The fall in consumer confidence around the country is affecting home values. Sydney and Melbourne are the hardest hit.
Economy
Housing cost growth is set to pick up steam in the coming months as the Middle East conflict drags on, adding to the Reserve Bank’s inflation concerns.
Economy
Jim Chalmers has played down suggestions possible changes to negative gearing or capital gains tax would be breaking promises with the electorate.
Economy
Labor will unveil net savings for the second consecutive budget as it faces claims it is planning a “tax assault on family” through investment changes.
Economy
The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.
Economy
Traders and economists expect the central bank to raise interest rates for a third straight meeting, but high uncertainty could result in another split decision.
Economy
Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.
Economy
A premier has warned breathless developers to keep their heads out of the clouds as one of Australia’s biggest cities marches relentlessly into the bush.
Economy
Sydney’s home price premium over Brisbane and Perth continues to narrow as values retreat in Australia’s two largest cities.
Economy
One of the nation’s big four banks has lifted its interim earnings while warning that the impact on customers from the Middle East conflict is still to be felt.
Economy
The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.
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