Economy

The Queensland government has opened disaster assistance for 14 local government areas in response to the recent monsoon activity.

Headline CPI is “likely to fall back” to around 6 per cent in Q2/23, major bank NAB has envisaged.

With official stats showing the number of visitors continues to improve, there are hopes that labour constraints will be alleviated.

Treasurer Jim Chalmers has stated that inflation in Australia has hit its peak, with levels set to lower throughout 2023.

Floods and other natural disasters cost Australia’s economy $5 billion, impacting two-thirds of Australians, the federal treasurer has revealed.

The Commonwealth Bank believes Australia will avoid a recession this year so long as the Reserve Bank ends its aggressive monetary tightening cycle. 

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

OPINION: Affordability is the word on everyone's lips at the moment - but is it realistic to make things affordable in the long run?

Coins depicting King Charles III are set to come into circulation in the latter half of 2023 following the King’s coronation.

Banks and entities have released new analyses and forecasts after the latest inflation data came in higher than expected.