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Economy

Household wealth hits record high, but risks loom
31 March 2025

Australians’ wealth grows, but one expert warns of potential risks tied to rising property reliance and low investment returns.

Coalition budget in reply: Dutton outlines housing affordability plans
28 March 2025

Peter Dutton responded to the Labor government’s recent budget. With a focus on housing and small business, it’s clear where each party is placing priority.

No fooling around – rate cuts off the table in April
28 March 2025

Mortgage holders may have to wait a little longer for more relief as a hawkish central bank and a lack of crucial data dash any chance of a rate cut next week.

Industry heads react to this year’s federal budget
27 March 2025

The federal budget announcement has come and gone. While some welcome changes were recognised as positive, others labelled the decision “disappointing”.

Housing inflation drops across the board in February
27 March 2025

The monthly CPI figures for February have shown drops in the rate of growth across housing categories, along with a slight overall drop in monthly inflation.

Hospitality sector suffering amid record business closures
21 March 2025

Recent statistics have painted a grim picture of our hospitality sector as business closures hit record highs. A variety of reasons have contributed to the trend.

Unemployment rate holds firm despite downside surprise
21 March 2025

Australia’s labour market has remained tight and resilient despite a large drop in the number of employed people over February.

SMSFs hold high cash despite falling savings rates
21 March 2025

Cash and property holdings remain high for SMSFs despite falling savings rates, as private credit investment opportunities increase.

Trump’s tariffs have come into effect: The impact on Aussie businesses
17 March 2025

The long-running concern over whether or not Trump will impose a tariff on Australian exports has reached a conclusion. The impacts are likely to extend beyond the metal industry.

Consumer spending dips through February
17 March 2025

Aussies are playing it safe with February recording more frugal spending than usual. A number of factors influenced this.