Spending data reveals divergent trends
Australians increased spending on travel and gyms last month, propping up sluggish overall household spending, as renters continued to struggle.
The June CommBank
Read more11 July 2024Finances
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 more10 July 2024
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 more9 July 2024
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 more8 July 2024
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The value of purchases made with mobile phones in Australia has passed the amount of cash withdrawn from ATMs.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 more29 June 2024
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 more28 June 2024
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 more27 June 2024
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 more27 June 2024
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 more26 June 2024
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 more25 June 2024