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Economy
Why migrant tradies are a net benefit to housing
Australia’s biggest companies are poised to snap a three-year run of lacklustre profits, but there are concerns about the banking sector this earnings season.
Economy
Economy
Small businesses under pressure from soaring costs
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.
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Economy
The days of property ‘super-cycle’ could be over
Senior economists say latest data ‘could mean a decade or so of real house prices ranging sideways’.
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Economy
Treasurer stays calm despite large drop in home prices
Chalmers says “people don’t make investments in housing from day to day or week to week”.
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Economy
Big chance of zero interest rate hikes this year
Given prevailing economic conditions, CommBank says the RBA has ‘little need to tighter further’.
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Economy
‘Softer than we thought’: RBA’s admission on inflation
The Reserve Bank’s chief economist has admitted inflation predictions came in lower than expected due to volatility with the fuel market.
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Economy
Surprise inflation fall eases RBA rate hikes risk
Inflation figures have come in under the Reserve Bank’s predictions, but some economists warn they might not paint a true picture.
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Economy
Fears of an interest rate hike tempered with latest data
Inflation falls marginally but annual inflation for new dwellings has reached its highest level in three years.
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Economy
Immigration debate ‘has not kept pace’ with the data
New report shows a big drop of 45 per cent in migrant numbers in Australia since the peak number in 2023.
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Economy
Banks ‘not getting the basics right’ with offset accounts
Failure to properly link offsets to mortgages has seen loan repayments stay the same and more interest being paid.
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Economy
‘Too high’: RBA rates warning as inflation fears flare
The Reserve Bank governor says interest rates may need to go higher, as Australia’s weak productivity problem locks households in for lower living standards.
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Economy
People are thinking twice about spending their money
Consumer sentiment is weaker but discretionary spending is not ‘falling off a cliff in Australia’.
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Economy
All eyes on key data and RBA governor’s speech
Leading economists believe interest rates will remain on hold despite elevated inflation and cost of living pressures.
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Economy
Challenges aplenty place small businesses under pressure
Regional small businesses suffering under rising costs, housing shortages, limited access to essential services and workforce challenges.
Economy
Higher rates and pricey petrol as economic outlook dims
Australian bonds traders are fully pricing in another Reserve Bank rate hike by the end of the year after a surprisingly strong rise in employment in June.
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Economy
Robust labour market may not ease fears about inflation
ABS labour market figures ‘represent a stronger June movement than has been observed in recent years’.
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Economy
New survey shows ‘pullback in investor activity’
Latest survey shows investor activity fell in both new and established housing markets across the country.
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Economy
Home values decline due to Budget changes
Property data firm says ‘investors and first-home buyers are becoming more cautious as borrowing costs rise’.
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Economy
Positive signs when expectations of RBA are anchored
Report says ‘expectations households and firms have about future price increases influence economic decisions’.
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Economy
House prices continue to soar in Perth
Real Estate Institute launches $2 million club on the back of record growth in many of Perth’s suburbs.
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Economy
Budget affects national property sentiment
New report shows residential sector ‘has been unsettled by the changes to the capital gains tax and negative gearing arrangements’.