Economy

The Reserve Bank of Australia has increased the cash to 2.60 per cent for October, a move not widely predicted by bank economists.

Macquarie expects the Reserve Bank won’t begin easing monetary policy settings until late next year and anticipates the jobless rate will rise to 4.5 per cent.

As banks remain on alert following the Optus data breach, ANZ said trusted digital IDs are a “vital step forward”.

While national home prices are declining, new data revealed that the spike in September property sales kept price falls steady.

Household wealth fell for the first time since the beginning of the pandemic, coinciding with cost-of-living pressures and rising interest rates.

The peak-profit period has passed for Australia’s housing market, a new report reveals.

Industry participants have less than a month to have their say on ASIC’s controversial industry funding model.

Australia is on the verge of a renewable energy boom and an expert has named five regions set to reap benefits from the infrastructure pipeline that comes with it. 

Almost 70 per cent of mortgages in Australia were being written by brokers earlier this year, according to the MFAA’s latest Industry Intelligence Service report.

As Australia’s annual consumer price index has dropped to a rate of 6.8 per cent in August from 7 per cent the month earlier, economists review their cash rate predictions.