ANZ economists have brought forward their forecast of a 3% cash rate by 12 months, tipping the RBA to reach well above that milestone by November.Strong momentum in the labour market and ongoing risks...
Australian retail sales continued its upward trend in May, rising 0.9% from April to $34.2 billion.Marking the fifth consecutive monthly rise in retail turnover, inflation continues to fuel a growth...
New data details the unemployment rate has remained consistent on April results, sitting at 3.9% for May.Remaining stable, seasonally adjusted employment increased by 0.5% or 61,000 people in...
The falling trend of consumer confidence continues in June, reaching near recessionary levels off the back of high inflation, rising interest rates and a contracting economy.The Westpac...
Gross Domestic Product (GDP) figures released by the ABS reveal a small 0.8% increase from the December 2021 quarter.With much of the nation buoyed by heavy rains and floods throughout the first...
The Australian labour market remained stagnant for the month of January, as hours worked fell with more people sick or on leave.With labour statistics in December headlined by the lowest levels of...
The Westpac-Melbourne Institute Consumer Confidence Index continued its downward slide in February spurred on by increased pressures on family finances.Off the back of a dip in January, The...
The Westpac-Melbourne Institute Consumer Confidence Index fell away only slightly in January, showing the economy ‘may not be as weak as the data suggests’.The Westpac-Melbourne Institute...
ANZ-Roy Morgan Consumer Confidence fell in the first week of January off the back of a surge in Omicron variant cases across the nation.Starting 2022 on a softer note, ANZ-Roy Morgan Australian...
Aussies are spending up to 25% less on dining and travel over the festive period than the same period a year ago according to ANZ.ANZ spending data published Tuesday by Senior Economist Adelaide...