The Australian economy’s growth has slowed significantly, recording a mere 0.3 per cent increase in the September quarter and 0.8 per cent over the year, which is below both historical …
Economy
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Many Australians are keen to maximise their savings during this year’s sales, with around 50% planning to adopt various tactics beyond standard discounts, according to recent Canstar Blue research. The …
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The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …
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Australian consumers have recently displayed a modest uptick in spending, with a 0.8 per cent increase reported in October, as revealed by the Commonwealth Bank’s Household Spending Insights (HSI) index. …
- Finance
Rising Inflation Paved Trump’s Path to the White House—Could He Be Set to Make It Worse?
by adminVoter dissatisfaction with soaring inflation significantly contributed to Donald Trump’s return to the White House, as he vowed to restore more favourable economic conditions akin to his first term. His …
- Finance
Inflation Returns to Target Levels for the First Time Since the Peak of the Pandemic
by adminInflation in Australia has reached its lowest point since the pandemic, decreasing to 2.8 per cent for the year ending in September, down from 3.8 per cent in June. This …
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Recent research indicates that major building companies in Australia face significant risks of becoming “zombie companies,” largely due to escalating costs and labour shortages. Data from KPMG Australia highlights a …
