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Economy

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.

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.