Economy

Mortgagors have increased their spending in the 12 months to July 2024.

Despite the increase in July, the participation rate has reached new records, the latest ABS data has revealed.

Concerns over a potential rate hike seem to have eased, while house buying sentiment plummets to historical lows.

The latest wage data analysis has revealed continued increases in Aussies’ pay. While the public sector has taken the lead, the peak may be behind us. Could this influence the next cash rate ...

A recent report has detailed the themes that have had an effect on the mortgage industry over the June quarter.

Recent data has shown that living costs have seen an uptick throughout the June quarter. Driving much of this is a rise in mortgage interest repayments.

Michele Bullock has addressed the recent decision to hold the cash rate at the Rotary Club of Armidale Annual Lecture.

The RBA has continued to hold the cash rate steady at 4.35 per cent. Now, industry experts are reacting to the decision.

Small businesses are feeling the strain of the economy, with long-term confidence seeing a “steady decline.”

Economic uncertainty and persistent inflation have once again taken centre stage in the RBA’s statement following its latest monetary policy meeting.