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Economy

Brokers and investors: Beware the ‘zombie’ company
20 August 2024

The concept of ‘zombie’ companies was detailed in a recent report, highlighting a surge in this trend. Broker Daily chatted to a NAB executive on the matter who urged investors and brokers ...

Business failures set to increase across the country
19 August 2024

Aussie businesses are doing it tough and, according to recent forecasts, it’s only set to get worse as business failures are expected to rise nationally.

Annual spending among mortgage holders ramps up
19 August 2024

Mortgagors have increased their spending in the 12 months to July 2024.

Unemployment rate reaches highest level since November 2021
16 August 2024

Despite the increase in July, the participation rate has reached new records, the latest ABS data has revealed.

Rate rise fears dissipate; buyer sentiment at new lows
15 August 2024

Concerns over a potential rate hike seem to have eased, while house buying sentiment plummets to historical lows.

Wage growth past its peak: What impact will this have on cash rate call?
14 August 2024

The latest wage data analysis has revealed continued increases in Aussies’ pay. While the public sector has taken the lead, the peak may be behind us. Could this influence the next cash rate ...

Trends impacting the mortgage industry
14 August 2024

A recent report has detailed the themes that have had an effect on the mortgage industry over the June quarter.

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.