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While the Consumer Price Index has begun falling in the rate of growth from its 30-year high reached in December 2022, inflationary conditions and other macroeconomic pressures continue to place...
Roy Morgan research shows 1.5 million Australian mortgage holders are now paying above a certain portion of their after tax income into their home loan, between 25 and 45% depending on income and...
The Housing Industry Association (HIA) has published its monthly new home sales report, and the outlook for the Australian housing supply does not look promising. Key points The number of newly...
As Aussies cut back on their spending and inflation keeps input costs like labour high, Aussie businesses are increasingly feeling the pinch. Key points Credit agency illion says overdue invoices...
Household spending was 1.8% higher in June '23 compared to June '22. Key points Household spending rose 1.8% in the twelve months to June, the softest growth rate since February 2021. Discretionary...
For the second consecutive month the RBA has left interest rates on hold at 4.10% at its August monetary policy meeting. Key points The RBA paused the cash rate at 4.10% once again in August,...
The Australian share market closed out July with a whimper. The benchmark ASX200 eked out a 0.09% gain after a topsy turvy session which saw it give up early gains but recover from late-session...
The Australian share market closed out July with a whimper. The benchmark ASX200 eked out a 0.09% gain after a topsy turvy session which saw it give up early gains but recover from late-session...
CommSec customers can now trade in 13 equity markets around the world, including the US, Canada, Japan and the UK. Key points CommSec has added an international share trading to its...
A new study from Allianz (ETR:ALVG) has revealed low financial literacy could be costing the average household in Australia around $107,886 over a 10-year period compared to households led by people...
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