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Economy

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.

Housing and politics expected to collide this federal election
13 January 2025

Experts have hinted at the likelihood of housing being a major focal point of the parties in the upcoming federal election.

Brokers split on Australia’s interest rate and property outlook
10 January 2025

Brokers have offered differing opinions on the future trajectory of interest rates in Australia, with some predicting rate hikes, while others anticipate cuts as early as this year.

Government pledges billions to housing and infrastructure in Qld
10 January 2025

The federal government has announced multiple investments for the Sunshine State that will contribute to developing and restoring housing and infrastructure.

Dwelling approvals fall across all resi building types
10 January 2025

Despite the decline in approvals, the ongoing strength in the new home building market has persisted.

Monthly CPI lifts slightly in November
9 January 2025

Despite a monthly increase, the CPI still remains within the RBA’s target range as trimmed mean inflation continues to moderate.

NAB predicts 3 interest rate cuts for 2025
7 January 2025

The major bank has come forward with its predictions for interest rate cuts, penning a total of three for 2025.