Economy

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.

The biggest hurdles for Australia’s small businesses
5 November 2024

Maintaining a small business requires considerable effort. Outside influences out of control of an owner may also play a part. Here are the top challenges for small businesses.

New mortgage lending dropped over September
4 November 2024

New loan commitments fell after several months of positive growth, the ABS has shown.

Cash rate call has majority of home owners worried
4 November 2024

New data has revealed that majority of Aussie home owners are worried about the upcoming cash rate call from the RBA as cost-of-living pressures continue to sting.

Inflation is at RBA’s target: Should we expect a Cup Day rate drop?
1 November 2024

The inflation data is in and figures are finally back in the central bank’s 2–3 per cent range. With the cash rate call just around the corner, will this help achieve a better outcome?

Back in the band – inflation hits RBA’s target
30 October 2024

The latest CPI figures have revealed that inflation has returned to the RBA’s coveted 2–3 per cent range.

Housing finance performing strongly in Qld
30 October 2024

The latest data from CommSec has shown that Queensland outperformed other states and territories in housing financing.

Australia’s 2-speed SME economy ‘now in overdrive’
29 October 2024

An emerging report has found further evidence that the Australian SME economy is comprised of many diverse regional markets.

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.