Economy

Australia’s new vehicle market has recorded its strongest month ever, with battery electric vehicles recording more than a threefold increase in market share over the last year.

Business confidence has climbed into positive territory for the first time since 2022, as stronger profitability and employment helped lift sentiment across the economy.

As economic conditions push SME payment arrears to a six-year high, non-bank Earlypay is urging brokers to use the new financial year to check in with clients around working capital and ...

New data has indicated that large businesses are weathering economic pressures more comfortably than their SME counterparts, with insolvencies rising among smaller operators even as ...

House prices are expected to fall by 2 per cent across Australia’s capital cities this year, according to a new report from National Australia Bank.

Following three consecutive rate hikes, the Reserve Bank of Australia has announced its first cash rate decision since the release of the federal budget.

New analysis suggests repayment priorities have shifted under financial pressure, with home loans now as likely as credit cards to be the first product to fall into severe arrears.

New research has indicated that the Bank of Mum and Dad is open for business, with 53 per cent of parents either providing or planning to support their children.

Australia’s housing market has lost further momentum as national dwelling values flatlined in May, according to new data from Cotality and PropTrack.

Westpac has forecast a steep decline in investor activity and a stalling in house price growth following the federal budget’s proposed changes to negative gearing and capital gains tax.