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$240m fine for ANZ an ASIC record

ANZ is set to pay $240 million in fines for misconduct impacting thousands of customers and the Federal Government. Australian Securities and Investments Commission

Housing mismatch sparks Great Housing Divide

Australia is creating a Great Housing Divide with small households living in larger dwellings, while thousands struggle to find a home. The stark mismatch between the

Mean house prices reach record highs in Queensland

The mean value of a home in Queensland is edging towards $1 million, after a 2.2 percent increase in the last quarter. New data from the Australian Bureau of Statistics

Higher energy prices drive surge in business turnover

Australian business turnover surged in July, with the biggest increase in almost three years. Australian Bureau of Statistics (ABS) Head of Business Statistics Robert

Households out and about and spending in July

Household spending continues to grow with July data showing a third straight month of increases. Australian Bureau of Statistics (ABS) figures showed household spending

Asian demand boosting $19 billion horticulture industry

Rising Asian demand is boosting Australia’s horticulture industry, as water security issues loom large for key crop. ANZ latest Agri lnFocus report predicts the

Fair weather fuels stronger economic growth

Australia’s economy bounced back in the June quarter as it shrugged off the impact of weather events in the first few months of 2025. Australian Bureau of Statistics

Marine sector dives in and steps on the gas

Booming domestic tourism and increased natural gas activity have contributed to an almost 20 percent jump in the value of Australia’s multi-billion-dollar marine

Australia registers ninth consecutive current account deficit

Australia’s current account balance improved slightly last quarter, but still added to a long run of deficits stretching back more than two years. Australian Bureau of

Short-term rentals add millions to Budget pain

Negative gearing of property being used for short-term accommodation is costing the Federal Government hundreds of millions of dollars. New analysis from the

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