Finances

Construction is lifting in Queensland but not fast enough - Newsreel

Target to address housing crisis ‘out of reach’

The State Government’s new dwellings target “remains out of reach” and regulatory reforms are necessary to address the issue, a peak construction group
Read more 11 December 2024
Inflation graphic. | Newsreel

Rates on hold. What the RBA Board said

Statement from the Reserve Bank Board At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 percent and the interest rate paid on
Read more 10 December 2024
Sun shining on solar panels. | Newsreel

Renewables drive down turnover for electricity suppliers

An abundance of renewable energy supply led to an almost 10 percent drop in turnover for electricity supply businesses in October. The latest Australian Bureau of
Read more 10 December 2024
Mobile phone payment. | Newsreel

500 million mobile wallet payments in one month

Australians made payments worth more than $20 billion through mobile wallets in October. Australian Banking Association CEO Anna Bligh said the latest Reserve Bank of
Read more 10 December 2024
Queensland will need thousands of extra workers for the large major projects pipeline - Newsreel

Construction pipeline requires 20,000 extra workers

Another lift in the construction pipeline for Queensland will create demand for more than 20,000 extra jobs over the next two years. The Queensland Major Projects
Read more 10 December 2024
Young man moving in to home. | Newsreel

Room rental restrictions lifted for home buyers

First home owners in Queensland will be able to rent out rooms immediately after purchase, under new legislation to be introduced into State Parliament this
Read more 9 December 2024
People taking selfie at concert. | Newsreel

ABS data shows Aussies are set to party in 2025

Australians looking for a good time next year have boosted the latest household spending numbers. Australian Bureau of Statistics (ABS) data, released today, showed
Read more 5 December 2024
Cranes at construction site. | Newsreel

OECD tips Australian GDP growth to overtake US

Growth in the global economy is forecast to remain stable in the coming years, with Australian numbers picking up steam, according to the OECD. The organisation’s
Read more 5 December 2024
Surveyor on road. | Newsreel

Government purse props up national GDP

Australia’s gross domestic product (GDP) ticked up by 0.3 percent in the September quarter, as public investment leapt by more than six percent. The latest Australian
Read more 4 December 2024
Woman worried about bills. | Newsreel

More Australians have cost of living concerns

Almost 40 percent of Australians have struggled to pay their rent or mortgage in the 12 months. A survey by Master Builders Australia, conducted less than three weeks
Read more 4 December 2024