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Economy

RBA makes May cash rate decision
4 May 2021
RBA makes May cash rate decision

The Reserve Bank has announced its cash rate decision for May, a week before the release of the federal budget.

‘Homes should be at the heart of the budget’: REIA
26 April 2021
‘Homes should be at the heart of the budget’: REIA

Measures to make home ownership more accessible, including tax-deductible interest for FHBs, a permanent FHLDS and access to super, are among the budget requests from the REIA.

House boom may draw to a close: economist
23 April 2021
House boom may draw to a close: economist

As houses prices, housing finance and buyer demand continue on an upward trajectory, an economist has outlined why the property boom may fade in the years ahead.

RBA makes April cash rate decision
6 April 2021
RBA makes April cash rate decision

The RBA has announced its official cash rate decision for the month of April.

Household wealth posts record quarterly growth
26 March 2021
Household wealth posts record quarterly growth

Household wealth has recorded the highest quarterly growth rate since the December 2009 quarter, spurred by rising property prices, according to new data.

Job losses on the horizon as JobKeeper ends
25 March 2021
Job losses on the horizon as JobKeeper ends

Treasury has supported ending the JobKeeper program while estimating that up to 150,000 recipients may lose employment at the end of the program.

RBA rate forecasts defy global view
11 March 2021
RBA rate forecasts defy global view

The RBA has laid to rest any chance of a rate rise before 2024 despite expectations that other central banks could raise rates next year and in 2023.

Support offered to borrowers impacted by Cyclone Niran
8 March 2021
Support offered to borrowers impacted by Cyclone Niran

The Queensland government and lenders have begun offering financial assistance to those affected by Cyclone Niran in Queensland.

GDP figures confirm economic recovery
4 March 2021
GDP figures confirm economic recovery

Australia’s GDP grew by 3.1 per cent during the December quarter, beating market expectations of a 2.5 per cent increase, official figures show. 

RBA makes March cash rate decision
2 March 2021
RBA makes March cash rate decision

The central bank has made its official interest rate decision for the month of March.