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Dwelling approvals in Australia remain sluggish - Newsreel

Housing supply struggling to take off

Despite significant government activity to boost housing stocks, approvals for new dwellings remain sluggish. Trend figures released by the Australian Bureau of

Fatigued consumers resetting the way they spend

The cost-of-living crisis has “fundamentally reshaped” our relationship with food, social connection and small pleasures. In an article released today, RMIT

Real wages growing across most countries

The OECD says that real wages are growing in most member countries as company profits lose ground and employment growth decelerates. A policy paper released today said

Reserve Bank still unconvinced on inflation

The Reserve Bank of Australia has failed to reduce interest rates despite strong trend improvements in inflation. At its meetings today, the RBA said the cash rate

Crisis mode: Why some businesses thrive in times of trouble

Some businesses thrive during crises like recessions, pandemics, or natural disasters, because they are flexible, can expand cheaply and easily, and are able to easily

OECD predicts softening of global economy

The OECD says global economic conditions were fairly resilient in 2024 but the outlook is “softening” this year. This is being driven particularly by the Trump

Overseas migration drives capital city growth

Overseas migration is continuing to drive population growth in Australia’s capital cities. Figures released by the Australian Bureau of Statistics (ABS) today show

SEQ needs profile and transport lift to compete globally

South-East Queensland needs to lift its profile and improve its transport to be competitive against similar regions around the world, a new analysis has revealed. The

Double good news for household mortgages

Households struggling with mortgage repayments will be buoyed by two lots of good news in the past 24 hours. The Australian Bureau of Statistics released figures today

Federal Budget targeted at family hip pockets

Treasurer Jim Chalmers last night delivered the 2025-26 Federal Budget, focussing on the cost of living, shoring up Medicare, dealing with the housing crisis and lifting

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