Economy

Cup Day rate cut off the table for all majors
23 September 2024

One last major bank has joined its counterparts in delaying its predictions for a cut in interest rates.

The Fed slashes rates – will the RBA follow suit?
20 September 2024

The FOMC has begun its policy normalisation cycle, drawing questions of when Australia’s central bank will do the same.

Unemployment holds steady
20 September 2024

The unemployment rate remained flat during August, the latest ABS data has revealed.

Slowing economy not deterring SMEs from asset investment
19 September 2024

Aussie small businesses are investing in assets in droves despite economic uncertainty.

Mortgagor spending edges down
13 September 2024

Government rebates have lessened the blow on the wallets of mortgage holders.

Greens call on Treasurer to cut interest rates
12 September 2024

The Greens Party have urged Treasurer Jim Chalmers to use section 11 to cut interest rates.

Unemployment fears rise as rate expectations ease
12 September 2024

Waning optimism for the economy is stoking fears of potential job losses, as evidenced by recent data.

High interest rates are ‘necessary’
9 September 2024

The RBA’s governor has doubled down on the board’s decisions to lift interest rates, arguing its necessity to avoid a recession.

Economic climate impacting the mental health of over half of SME owners
9 September 2024

A survey has revealed that economic pressures have contributed to a deterioration in mental health among the country’s small-business owners.

Brokers foresee business loan demand to increase
6 September 2024

As cash flow pressures are poised to worsen for small businesses, commercial brokers are predicting a lift in working capital business loans.