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Value of a home loan rises in Queensland - Newsreel

Numbers behind interest rates cuts and house price rises

By James Graham With the Reserve Bank of Australia easing monetary policy, interest rates are on the way down. Already this year, mortgage pre-approvals had begun to

Miners lead 8.6 percent drop in company profits

The profits of Australian mining companies fell by almost 30 percent last financial year, according to the latest Australian Bureau of Statistics (ABS) data. ABS Head of

Inflation steady, but egg lovers cop a beating

Australia’s inflation remains steady and within the Reserve Bank of Australia’s target band of between two and three percent. The latest data from the Australian

Gold Coast economy nears $50 billion milestone

The Gold Coast economy has grown to just under $50 billion, cementing the South-East Queensland destination as Australia’s largest regional economy. Mayor Tom Tate

Lipstick index losing its gloss

By Susan Schwartz The lipstick index may be losing its gloss after long being seen as an early indicator of tough economic times. The index – which measures sales of

Queensland issues Euro-denominated benchmark bond

Queensland has become the first Australian state to issue a Euro-denominated financial security, in a move to attract a new investor pool leading into the Brisbane 2032

Energy regulator flags price rise, urges users to compare

Electricity prices in South-East Queensland are set to rise by up to 9.7 percent from July 1. The Australian Energy Regulator (AER) has released the Default Market Offer

Don’t wait for Government to drive productivity gains

Businesses need to tackle Australia’s productivity issues head-in and not wait for a Government response to the crisis. That was the message Queensland finance leaders

Snaffle sued over inflated prices and interest charges

Online consumer goods retailer Snaffle is being sued over allegedly inflated prices and unlawful interest charges on thousands of contracts. ASIC Deputy Chair Sarah

Employers’ wages bill tops $104 billion in March

Total wages and salaries paid by employers increased by almost six percent in March, compared to the same time last year. Australian Bureau of Statistics (ABS) Head of

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