NEWS UPDATE
NEWS UPDATE
Home buyers are being pushed out to the regions as falling interest rates and a lack of supply put a rocket under inner-city house prices. The median house price in Sydney is set to approach the dizzying $2 million barrier in 2026, according to forecasts...
Wednesday was a momentous day for stats nerds. The Australian Bureau of Statistics released the nation’s first complete monthly consumer price index publication, bringing the nation in line with peer economies and giving the Reserve Bank a more timely and accurate read of inflation pressures....
Artificial intelligence could push up Australia’s neutral interest rate level, making it harder for the Reserve Bank the lower rates further. The whereabouts of the neutral rate – the interest rate level that neither slows down nor speeds up the economy – has been a...
Reviving the Gillard-era mining tax and slashing income taxes should be on the Albanese government’s agenda to boost Australians’ living standards, the International Monetary Fund has declared. In its annual assessment of the Australian economy on Thursday, the influential Washington-based body gave Labor and the...
Surging inflation has dashed hopes of one last rate cut and heightened expectations energy rebates will be extended. Expiring electricity subsidies helped drive up the annual consumer price index from 3.6 per cent to a 16-month high of 3.8 per cent in October, the Australian...
Australia could miss out on a $150 billion boost to its economy if it fails to invest in artificial intelligence, including sovereign AI models, regional hubs, training and infrastructure. But decisive investments in the technology could deliver an additional $235 billion within a decade, a...
With this one simple trick, Australia’s housing supply shortfall could quickly be reduced by an estimated 82,000 homes. That’s the amount of dwellings that developers are ready to start building in urban growth areas but can’t because of a lack of sewers, roads and other...
Renters are set to benefit from the federal government’s efforts to fund social housing after years of worsening affordability. Pressures on low-income earners remain acute but rental affordability has stabilised, according to a report published by consultancy firm SGS Economics and Planning and affordable housing...
Retirement — a new chapter, not of slowing down, but of savoring life more deeply. For many, it’s a long-awaited invitation to finally explore the world on your own terms: unhurried, curious, and open to wonder. And what better way to begin than with a...
Are you looking to build up your savings for the future, but don’t know how or where to start? Check out these money-saving tips you can apply today. Whether you’re looking to save money for financial security, investment, a future purchase or retirement, the best...
When you get to work on the requirements, a mortgage or home loan application may seem to need an infinite amount of paperwork. However, your home loan provider is also required to conduct due diligence before they can approve a mortgage application. They have to...
When considering the purchase of commercial property, it’s crucial to take a strategic approach, as the implications of your decisions can significantly affect your financial outcomes. Here are some key factors to consider: Top 10 Factors to Consider in Commercial Property Importance of Taxation and...
Running a family farm, especially one passed down through generations, is more than just a business—it’s your family’s heritage, legacy, and livelihood. Protecting this invaluable asset requires expertise beyond basic insurance knowledge. Here are the top 10 reasons why consulting a specialist insurance broker or...
Key points Introduction November so far has seen a pretty wobbly ride for shares. From their October highs, US shares are down 3.2% and Australian shares are down 5%. More significantly perhaps concerns about a bubble in equity markets focussed around AI have escalated since...
The nation’s economy is an “island of security” says Treasurer Jim Chalmers despite less certainty about interest rate cuts among economists after stronger-than-expected jobs data. Dr Chalmers hailed low unemployment in a speech to investors in Sydney, saying 1.2 million jobs had been created since...
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