Finances

Two women at poker machines. | Newsreel

Aussie gamblers prop up business turnover

A spike in gambling in Australia prevented business turnover from falling into negative territory in May. The latest Australian Bureau of Statistics (ABS) data, released
Read more 10 July 2024
Value of a home loan rises in Queensland - Newsreel

Queensland house loans rise $70,000 in a year

The value of an average new housing loan in Queensland has jumped by more than $70,000 in a single year. Australian Bureau of Statistics housing loan data shows the
Read more 9 July 2024
Queensland extreme rental pain keeps growing - Newsreel

State rental ‘extreme pain’ continues to rise

The proportion of Queensland suburbs in “extreme” rental pain is continuing to rise despite most other states experiencing minor improvements. The July Rental Pain
Read more 8 July 2024
Woman using phone to pay in shop. | Newsreel

Mobile payments surge past cash withdrawals

The value of purchases made with mobile phones in Australia has passed the amount of cash withdrawn from ATMs. A new report from the Australian Banking Association (ABA)
Read more 29 June 2024
Suncorp building Brisbane. | Newsreel

ANZ-Suncorp deal to boost disaster resilience

Federal Government approval of the ANZ purchase of Suncorp’s banking operations will mean a boost to Queensland’s disaster resilience. State Treasurer Cameron Dick
Read more 28 June 2024
Image with coin piles and house. | Newsreel

Hot property lifts wealth by $1.5 trillion

Rising property prices continue to fuel growing household wealth in Australia. The latest Australian Bureau of Statistics (ABS) statistics, released today, show
Read more 27 June 2024
Australian bank ATMs. | Newsreel

New banking code enhances protections

A new Banking Code of Practice will see changes to the definition of a small business and expand financial difficulty provisions. The Australian Securities &
Read more 27 June 2024
Inflation target remains elusive - Newsreel

Inflation spikes to 4.0 percent

Australia’s inflation rate once again has a 4 in front of it. The latest Australian Bureau of Statistics (ABS) data shows the monthly Consumer Price Index (CPI) rose
Read more 26 June 2024
Armaguard truck. | Newsreel

Banks and retailers chip in $50m to support cash carrier

A decline in the use of cash in Australia has led to major banks and retailers stepping in to financially support the private cash transportation sector. An agreement to
Read more 25 June 2024
ATO warns of dangers of filing too-early tax returns - Newsreel

Tax Office warns against over-speedy returns

The Australian Taxation Office has warned that people who lodge their tax returns early are twice as likely to make costly mistakes. ATO Assistant Commissioner Rob
Read more 24 June 2024