Finances

Australian money. | Newsreel

Annual wage growth drops to 3.2 percent

Recent wage growth has slowed, with increases returning to 2022 levels. Data released by the Australian Bureau of Statistics (ABS) today showed the Wage Price Index
Read more 19 February 2025
Reserve Bank of Australia building. | Newsreel

RBA cuts rates but cautious about “further easing”

The Reserve Bank of Australian cut the cash rate by 25 basis points, to 4.10 percent, at its Board meeting today. In its Statement after the meeting, it said inflation
Read more 18 February 2025
Value of a home loan rises in Queensland - Newsreel

Capped interest rate call for first home buyers

An interest rate cap for first-home buyers would provide a much needed boost to those struggling to enter the housing market, according to the Property Council. Chief
Read more 17 February 2025
Paul Williams Queensland Under Treasurer. | Newsreel

Williams new Queensland Under Treasurer

A 30-year veteran in the banking and property industry has been appointed to lead Queensland Treasury. State Treasurer David Janetzki said Paul Williams, the current
Read more 17 February 2025
Australian Federal Parliament House of Representatives.

Don’t accept band-aid solutions in election campaign

By Dr Ashley Craig Australia heads towards a federal election campaign facing enormous economic challenges and we’re dangerously complacent because of decades of
Read more 17 February 2025
Couple with heart-shaped gift. | Newsreel

Australia places a $535m price tag on love

Spending on Valentine’s Day gifts in Australia this year is tipped to pass $500 million for the first time. Research from the Australian Retailers Association (ARA)
Read more 14 February 2025
Couple looking at paperwork with business person. | Newsreel

Rising rate of investment loans stalls

New investment loans have fallen for the first time in almost two years. New data from the Australian Bureau of Statistics (ABS) shows the number of investment loans for
Read more 12 February 2025
Young couple with new home. | Newsreel

Kiwi plan not a super idea for Aussie housing crisis

An analysis of New Zealand’s super for a house scheme has prompted the local superannuation industry to urge caution in implementing a similar plan in Australia to
Read more 12 February 2025
Woman in front of air conditioner. | Newsreel

Turnover heats up with summer temperatures

A scorching December led to a more than 10 percent jump in business turnover in the energy sector that month. The latest Australian Bureau of Statistics (ABS) data shows
Read more 11 February 2025
Happy pensioners. | Newsreel

First cost-of-living decrease in four years for pensioners

Cheaper electricity has led to the first cost-of-living fall for Australian pensioners in more than four years. The latest Australian Bureau of Statistics (ABS) data,
Read more 5 February 2025