Economy

After witnessing some positive trends in the offset of COVID-19, business failures across the country have picked up again.

With GDP growth at just 0.2 per cent as of the June quarter of 2024, small and medium-sized enterprises (SMEs) are presented with a crucial decision: should they expand or hold back?

The RBA minutes for the November meeting revealed that members recognised the importance of flexibility in monetary policy as economic conditions change.

Australia’s unemployment rate has held steady for the third month in a row.

The latest data has shown a slight uptick in wages over the September quarter. However, it’s below expectations and some of the lowest gains we’ve seen in a couple of years.

Inflation is down and spending has risen slightly, showing signs of some normalcy returning to peoples’ purchasing habits. However, we won’t see a substantial shift until rates are cut, says ...

A new report has found that housing issues are set to be the most influential decider for Australians this coming election.

The Treasury’s analysis of Australia’s economic performance highlighted plenty of concerning trends. However, business investment remained strong, showing commercial and asset finance ...

Mortgage interest charges have continued to rise, however, have been offset by lower fuel and electricity prices.

Aussie SMEs are doing it tough with compounding issues placing enormous pressure on these vital businesses. Greener pastures may be in sight, however.