Warmer weather brings consumers out of hibernation
CONSUMER spending picked up with the warmer weather over August, with spring…
Inflation falls but high housing costs remain major contributor
INFLATION recorded its biggest monthly drop since December, with the annual underlying…
No interest rate cut in the near term, says RBA
RESERVE Bank governor Michele Bullock warned that interest rates will remain on…
Cost-of-living dampen festive season
AUSTRALIANS are planning to slash their spending by almost 20% this holiday…
Higher for longer rates may push homeowners to sell
SOME Australians may have to sell their homes, Reserve Bank governor Michele…
Retail recession returns, is the sequel worse than the original?
AUSTRALIA'S retail market has returned to recession conditions over the June quarter,…
Cost-of-living pressures impacting childcare sector
CHILDCARE centre operator G8 Education’s share price dropped yesterday after it unveiled…
CBA mortgage arrears climb as higher costs hit borrowers
AUSTRALIA'S largest lender, the Commonwealth Bank (ASX: CBA) saw a 6% decline…
Rates on hold but don’t get your hopes up for a cut
THE Reserve Bank held interest rates steady as expected yesterday, and governor…
Inflation data will give RBA a pause
UNDERLYING inflation in June came in only marginally higher than the Reserve…