Economy

RBA ‘ready to adjust’ rates as economic outlook evolves
20 November 2024

The RBA minutes for the November meeting revealed that members recognised the importance of flexibility in monetary policy as economic conditions change.

Labour market remains tight and resilient
18 November 2024

Australia’s unemployment rate has held steady for the third month in a row.

Wage growth ‘the lowest in 2 and a half years’: How will the RBA respond?
13 November 2024

The latest data has shown a slight uptick in wages over the September quarter. However, it’s below expectations and some of the lowest gains we’ve seen in a couple of years.

Household spending won’t normalise until rates are cut
13 November 2024

Inflation is down and spending has risen slightly, showing signs of some normalcy returning to peoples’ purchasing habits. However, we won’t see a substantial shift until rates are cut, says ...

Housing to influence the majority of Aussies next election
12 November 2024

A new report has found that housing issues are set to be the most influential decider for Australians this coming election.

Despite economic challenges business investment remains strong
11 November 2024

The Treasury’s analysis of Australia’s economic performance highlighted plenty of concerning trends. However, business investment remained strong, showing commercial and asset finance ...

Fixed-rate rollover continuing to drive up mortgage interest charges
11 November 2024

Mortgage interest charges have continued to rise, however, have been offset by lower fuel and electricity prices.

Small businesses being hit from all sides: Is change on the horizon?
8 November 2024

Aussie SMEs are doing it tough with compounding issues placing enormous pressure on these vital businesses. Greener pastures may be in sight, however.

Stubborn inflation keeps RBA firm on cash rate
6 November 2024

As predicted, the central bank has decided to keep the cash rate steady at 4.35 per cent. Stubborn inflation has been identified as the key reason for this move.

One year on – cash rate holds at 4.35%
5 November 2024

The Reserve Bank has announced another hold in the cash rate, citing that underlying inflation still remains too high for a rate cut.