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 more10 December 2024Finances
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 more10 December 2024
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 more10 December 2024
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 more10 December 2024
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 more9 December 2024
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 more5 December 2024
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 more5 December 2024
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 more4 December 2024
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 more4 December 2024
$3.3 billion trade surplus lowest since 2018
Australia’s trade surplus fell to its lowest level in more than six years, as the country’s current account balance registered a deficit of $14.1 billion in the
Read more3 December 2024