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Dwelling approvals in Australia remain sluggish - Newsreel

Housing supply struggling to take off

Despite significant government activity to boost housing stocks, approvals for new dwellings remain sluggish. Trend figures released by the Australian Bureau of

Fatigued consumers resetting the way they spend

The cost-of-living crisis has “fundamentally reshaped” our relationship with food, social connection and small pleasures. In an article released today, RMIT

Reserve Bank still unconvinced on inflation

The Reserve Bank of Australia has failed to reduce interest rates despite strong trend improvements in inflation. At its meetings today, the RBA said the cash rate

OECD predicts softening of global economy

The OECD says global economic conditions were fairly resilient in 2024 but the outlook is “softening” this year. This is being driven particularly by the Trump

Double good news for household mortgages

Households struggling with mortgage repayments will be buoyed by two lots of good news in the past 24 hours. The Australian Bureau of Statistics released figures today

Federal Budget targeted at family hip pockets

Treasurer Jim Chalmers last night delivered the 2025-26 Federal Budget, focussing on the cost of living, shoring up Medicare, dealing with the housing crisis and lifting

Few expect cost of living ‘crisis’ to improve

Australians have little faith that the current cost of living challenges will improve over the next 12 months. Research released today from Anglicare Sydney shows that

ASIC being impersonated by scammers

Financial regulator, the Australian Securities and Investments Commission (ASIC), has warned that it is being impersonators by scammers. In a statement released today,

Confidence growing despite tough business conditions

Queensland businesses are showing rising levels of confidence despite reporting weak profits and tough operating conditions. The Business Chamber Queensland’s Pulse

No love for non-essential spending in February

Valentine’s Day failed to open wallets this year, with consumer spending dropping in key sectors last month. The CommBank Household Spending Insights (HSI) Index fell

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