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Economy

Mortgage repayments the main factor in living cost increases
12 August 2024

Recent data has shown that living costs have seen an uptick throughout the June quarter. Driving much of this is a rise in mortgage interest repayments.

RBA ‘doesn’t expect inflation to be back to 2–3% until the end of 2025’
8 August 2024

Michele Bullock has addressed the recent decision to hold the cash rate at the Rotary Club of Armidale Annual Lecture.

Experts weigh in on the RBA cash rate hold
8 August 2024

The RBA has continued to hold the cash rate steady at 4.35 per cent. Now, industry experts are reacting to the decision.

Long-term business confidence lacking as pressure mounts
8 August 2024

Small businesses are feeling the strain of the economy, with long-term confidence seeing a “steady decline.”

RBA holds; inflation path has been ‘slow and bumpy’
6 August 2024

Economic uncertainty and persistent inflation have once again taken centre stage in the RBA’s statement following its latest monetary policy meeting.

‘End of the Aussie shout’ as cost of living stings
6 August 2024

Cost-of-living pressures are mounting for Aussies, culminating in a surge in people splitting bills.

Are high interest rates ‘outstripping growth’ in home lending?
2 August 2024

Recent RBA data has tracked the increased lending over the year, showing strong growth in business loans. However, housing and personal have seen less accelerated growth, which some are ...

Will the 2Q24 CPI figures be enough to trigger a rate hike?
31 July 2024

The latest quarterly inflation figures are in, now the question remains what the RBA will decide to do at its next meeting.

CPI figures could ‘make or break’ case for rate hike
30 July 2024

The highly anticipated June quarter CPI print is expected to play a major role in the RBA’s August monetary policy decision.

Housing finance has climbed well above decade averages
30 July 2024

Recent data from CommSec has analysed and ranked the economies for each state and territory across the country. In just about every area of the country, housing finance is sitting above ...