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Economy

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.

Household wealth continues to rise
3 January 2025

The September quarter saw household wealth climb yet again across Australia. Trends are showing consistent increases, with deposits on homes seeing a positive rise in response.

Cash flow the top concern for small businesses
27 December 2024

SMEs are doing it tough across Australia as the cost of doing business is creating stress. Cash flow remains a persistent issue for owners.

More credit cards in use than ever before
24 December 2024

Australia reached a new record high for credit card usage as consumer confidence continues to rise.

Expect 2 cuts and a 3.85% cash rate in 2025, says ANZ
16 December 2024

The major bank has made its prediction as to what the cash rate will drop to following predicted cuts.

Business insolvencies at ‘record highs’
16 December 2024

A breakdown of the business landscape across Australia has revealed record-high insolvencies, with things expected to get worse as we enter 2025.

Household spending won’t substantially increase until rates are lowered
16 December 2024

Although spending increased during Black Friday sales, higher interest rates are still dampening a large lift in household spending.