Economy

To what extent is gambling affecting loan repayments? That’s “a really good question,” said anti-gambling campaigner, the Reverend Tim Costello.

Annual ‘discretionary’ spending on services grew, but goods purchases were down, ANZ-observed spending to 21 January has recorded.

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

While the drop in employment growth is expected to weigh on the RBA’s policy deliberations for February, next week’s inflation data would be a stronger indicator, economists have tipped

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.