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Economy

RBA paves way for November cut
19 October 2020
RBA paves way for November cut

The central bank has updated its monetary policy outlook, with governor Philip Lowe touting the benefits of further adjustments to the cash rate.   

How to use marketing to thrive in the new world
19 October 2020
How to use marketing to thrive in the new world

Trail Homes's Nick Young outlines why marketing matters more than ever and what to do to optimise your efforts.

COVID-19 spurs rush to check credit scores
9 October 2020
COVID-19 spurs rush to check credit scores

More than half a million people have checked their credit score in the past six months during the pandemic, a substantial jump from the same period in 2019, according to a credit score ...

Budget 2020-21 handed down
6 October 2020
Budget 2020-21 handed down

Federal Treasurer Josh Frydenberg has presented a range of tax cuts and new spending initiatives, including those for small businesses, in the 2020-21 budget.

Country braces for ‘significant’ budget
6 October 2020
Country braces for ‘significant’ budget

Prime Minister Scott Morrison has described today’s upcoming federal budget as “the most significant since the Second World War”, with the focus moving away from surplus to spending.

Melbourne homes linger longer on market
6 October 2020
Melbourne homes linger longer on market

Melbourne dwellings took longer to sell between March and September, reflecting lower demand due to COVID-19-related restrictions, according to research.

BOQ’s COVID provisions hit $135m
2 October 2020
BOQ’s COVID provisions hit $135m

The non-major bank has shed new light on the impact of the COVID-19 crisis on its balance sheet following a review of its economic modelling.

Melbourne drags national housing value
2 October 2020
Melbourne drags national housing value

There was a “striking” turnaround in the housing market in September as six capital cities recorded a rise in home values, but Sydney and Melbourne dragged down the national reading, ...

8.5 per cent of loans still have deferrals
1 October 2020
8.5 per cent of loans still have deferrals

For the second month in a row, the number of borrowers exiting repayment deferrals has outpaced those requesting them, according to APRA data, but around 8.5 per cent of all loans are still ...

Detached housing approvals boom
1 October 2020
Detached housing approvals boom

A rise in demand for detached housing in August – potentially driven by HomeBuilder – countered a sharp drop in the number of apartments approved, according to ABS stats.