Economy

EXCLUSIVE: As NSW today transitions out of lockdown, and with Victoria soon to follow, the federal Treasurer Josh Frydenberg has told Momentum Media he’s optimistic about Australia’s ...

The amount of debt first home buyers accumulated under the First Home Loan Deposit Scheme relative to incomes declined in the financial year 2021, the NHFIC has revealed.

Following a deal with a carbon-tracking fintech, the major bank will now provide its customers with personalised data on their environmental impact. 

Total household wealth reached a high of $13.4 trillion in the June quarter, primarily due to rising property prices, according to the Australian Bureau of Statistics.

The chief executives of NAB and Westpac have conceded that housing affordability is “stretched”, but suggest any assessment on wholesale change should wait until lockdowns lift.

MOMENTUM MEDIA EXCLUSIVE: The Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention, David Coleman MP, speaks to Momentum Media director Alex Whitlock on the ...

The number of dwellings approved fell by almost 9.0 per cent in July, and declined in every state except Queensland, according to the ABS.

A cash grants package has been announced for businesses in regional Victoria while a targeted package has been released for the WA tourism sector.

The major bank is opening vaccination centres as part of an accelerated pilot program to vaccinate employees and families against COVID-19.

The big four bank has commenced a rapid antigen testing pilot for customer-facing employees in Sydney’s COVID hotspots.