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Economy

What’s in store for the December quarter CPI print?
28 January 2025

The inflation figures for 4Q24 could potentially make or break the RBA’s decision to finally reduce the official cash rate.

RBA should not be hasty with rate cuts, economists warn
22 January 2025

With political and social pressure coming to a fever pitch in the lead-up to the February monetary policy decision, the RBA should maintain its focus on controlling inflation rather than ...

Business confidence up despite stubborn cash rate
22 January 2025

While business confidence saw a slight dip in December, year on year shows strong growth. With no rate cut since November 2023, this may be surprising, but experts have said we’re finally in ...

Coalition announces small-business tax deduction
21 January 2025

Opposition Leader Peter Dutton has revealed a cutting of “red tape” with a new tax deduction scheme for small businesses.

SME loan applications and volumes ‘flatline’
20 January 2025

New data has revealed a dire scenario of uncertainty among small businesses during the last months of 2024.

Spike in the number of people seeking debt support
20 January 2025

Recent economic trouble is taking a toll on Aussies, with a large increase in the number of people seeking financial counselling.

SMEs suffering as consumer spending dips
17 January 2025

As 2024 wrapped up, data revealed a drop in consumer spending. What followed was small- to medium-sized businesses (SMEs) recording cash flow challenges, with revenue expected to continue to ...

Unemployment rate nudges slightly higher in December
17 January 2025

Australia’s job market continues to show resilience, remaining at stable levels seen over the last few months.

NAB CEO reflects on the year ahead
16 January 2025

The major bank’s CEO recently spoke on the various opportunities in housing, increased productivity, and AI over the next 12 months.

Major bank shifts cash rate and inflation forecast
14 January 2025

ANZ has revised its quarterly inflation and cash rate forecasts on the back of a “weaker-than-expected” monthly CPI print for November.