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Economy

27 September 2016

The fact that many Australian banks failed to pass on the full interest rate cut to their customers in August “wasn’t unexpected”, the Reserve Bank of Australia’s new governor-elect, Philip ...

27 September 2016

Mortgage arrears rose by four basis points to 1.14 per cent in the second quarter of 2016, which one ratings agency has said may be due to “high underemployment”. 

27 September 2016

Housing affordability, a planning system in need of reform and connecting new infrastructure with development are among the “toughest challenges for a growing Sydney”, a residential forum ...

27 September 2016

The latest ABS demographic statistics show that Australia’s population broke through the 24 million mark during the first quarter of 2016.

26 September 2016

A senior economist has commented that the US Federal Reserve’s decision to hold interest rates could be both good and bad for the Australia economy, as it has potentially negative ...

26 September 2016

Potential oversupply and settlement risks on off-the-plan apartment purchases have not deterred the number of dwellings approved for construction across Australia’s capital cities, a report ...

26 September 2016

Financial stress is causing depression and anxiety among Australians, leading to substance abuse and binge drinking, according to a new survey.

26 September 2016

Australia’s economic transition away from the “over-dependence on mining related construction” continues to progress, a new report has suggested.

26 September 2016

The Bank of Queensland has appointed financial services specialist Warwick Negus as a non-executive director, effective immediately.

23 September 2016

In his first speech as Reserve Bank governor, Philip Lowe says the RBA’s monetary policy is still accommodative and its “flexible medium-term inflation target remains the right monetary ...