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Economy

Unemployment rate holds firm despite downside surprise
21 March 2025

Australia’s labour market has remained tight and resilient despite a large drop in the number of employed people over February.

SMSFs hold high cash despite falling savings rates
21 March 2025

Cash and property holdings remain high for SMSFs despite falling savings rates, as private credit investment opportunities increase.

Trump’s tariffs have come into effect: The impact on Aussie businesses
17 March 2025

The long-running concern over whether or not Trump will impose a tariff on Australian exports has reached a conclusion. The impacts are likely to extend beyond the metal industry.

Consumer spending dips through February
17 March 2025

Aussies are playing it safe with February recording more frugal spending than usual. A number of factors influenced this.

Businesses cautious in borrowing amid insolvency risk increases
12 March 2025

Business owners are becoming more conservative with borrowing after recent data highlighted challenges are persistent.

Rental affordability at ‘record low’
12 March 2025

The rental market is worsening for Aussies as prices hit their worst since reporting began.

Further GDP growth could see a more active home loan market
10 March 2025

While GDP growth was modest for the December quarter, this bodes potential good news for the mortgage market going forward.

Rise in building approvals signals positive momentum
7 March 2025

The beginning of 2025 saw a strengthening in housing approvals, the latest ABS data has shown.

More than a single rate cut needed to boost home ownership
6 March 2025

While the RBA’s decision to cut rates by 25 bps was a welcome and long-awaited move, more is needed to help get people (especially first home buyers) into homes.

Mortgage stress rises, but remains at moderated levels
6 March 2025

Despite the third consecutive rise in mortgage stress levels, the figures are still lower than prior to the introduction of the stage 3 tax cuts.