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Economy

What are the key concerns for SMEs?
23 October 2024

A new report has provided a snapshot of the main concerns and priorities for small businesses.

Inflation expected to drop into RBA’s target band in Q3
22 October 2024

Economists have predicted the upcoming September quarter CPI data to show inflation falling into the central bank’s coveted target band of 2–3 per cent.

RBA finds ‘limited evidence’ that investors pass through rates
21 October 2024

The central bank has investigated the notion that investors pass on higher mortgage costs to their tenants.

Term deposit rates falling
21 October 2024

Cash investment may seem like a safe bet for investors. However, recent data has shown that term deposit rates are falling and are now below the inflation rate.

Unemployment rate unchanged for fourth month in a row
18 October 2024

Unemployment figures have held steady for yet another month, the latest ABS data has revealed.

RBA tackles inflation expectations in its latest analysis
17 October 2024

The landscape of Australian inflation has been persistent trouble for consumers as the cost of living soars and many wages are unable to grow in line with it.

Tax cuts have not caused ‘material rise’ in spending
16 October 2024

New data has shown an easing in spending during September, suggesting that the government’s stage 3 tax cuts have not encouraged consumers to open their wallets.

RBA initiates review into merchant card payments
16 October 2024

Announced today (15 October), the central bank is beginning a review of merchant card payment costs and surcharging in a bid to assist Aussies amid cost-of-living challenges.

SMEs are ‘embracing’ long-term loan benefits
15 October 2024

Small businesses have opened up to the idea of managing repayments over a longer period of time, new research has found.

RBA’s Term Funding Facility ‘delivered on its goals’
10 October 2024

The central bank has released an analysis of its Term Funding Facility (TFF) initiative. According to the RBA, the TFF allowed for better rates for borrowers.