Economy

Recent statistics have painted a grim picture of our hospitality sector as business closures hit record highs. A variety of reasons have contributed to the trend.

Australia’s labour market has remained tight and resilient despite a large drop in the number of employed people over February.

Cash and property holdings remain high for SMSFs despite falling savings rates, as private credit investment opportunities increase.

The long-running concern over whether or not Trump will impose a tariff on Australian exports has reached a conclusion. The impacts are likely to extend beyond the metal industry.

Aussies are playing it safe with February recording more frugal spending than usual. A number of factors influenced this.

Business owners are becoming more conservative with borrowing after recent data highlighted challenges are persistent.

The rental market is worsening for Aussies as prices hit their worst since reporting began.

While GDP growth was modest for the December quarter, this bodes potential good news for the mortgage market going forward.

The beginning of 2025 saw a strengthening in housing approvals, the latest ABS data has shown.

While the RBA’s decision to cut rates by 25 bps was a welcome and long-awaited move, more is needed to help get people (especially first home buyers) into homes.