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Economy

RBA ‘confident’ the financial system ‘remains resilient’
8 April 2019
RBA ‘confident’ the financial system ‘remains resilient’

The central bank is confident in the resilience of the economy and financial system despite the recent housing market adjustment leading to declines in house prices in the major cities, a ...

AMP announces five new executive appointments
8 April 2019
AMP

The wealth giant has named five new appointees to its wealth management division leadership team.

Labor Party releases shadow budget
5 April 2019
Bill Shorten

The Australian Labor Party has released its plans for its own budget for 2019-20, outlining a range of new initatives and tax cuts it would seek to bring in should it be elected into power

Opposition to Labor’s housing policy mounts as election looms
5 April 2019
Graham Wolfe

Calls for the ALP to scrap its housing plans have intensified, with new polling revealing that most Australians do not support the changes.  

Economist predicts 0.5% cash rate within two years
4 April 2019
NAB

Australia’s central bank will be compelled to drop the already record-low official cash rate to 0.5 per cent within the next two years, an economist has claimed.

Spike in dwelling approvals splits opinion
4 April 2019
Home construction

Dwelling approvals bounced in February, according to the latest ABS statistics, splitting opinion among analysts regarding the longer-term trajectory of dwelling approvals.   

Mutual bank trials digital mortgage platform
4 April 2019
Gateway Bank Lexi Airey

A customer-owned bank has been trialling the delivery of an entirely digital mortgage process in partnership with a law firm.

Coalition urged to do more on housing
3 April 2019
Coalition urged to do more on housing

The government has committed $1.7 billion to support affordable housing in the states but is being urged to do more to improve homelessness and provide more housing options for those in ...

Small businesses welcome instant asset write-off
3 April 2019
Small businesses welcome instant asset write-off

Following the release of the budget 2019-20, the small business community has welcomed the government’s move to increase the instant asset write-off and expand it to medium-sized businesses

Government unveils budget for 2019-20
2 April 2019
Parliament

The federal government has handed down its 2019-20 budget, which includes a range of new programs and policies.