Armaguard seeks new talks after $26m deal rejected Armaguard is still keen to negotiate a cash injection from some of the nation's biggest banks and retailers after rejecting a $26 million deal. AAP · Mar 28, 2024
Thrifty December cures sales-fuelled debt hangover Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures. AAP · Feb 6, 2024
Unemployment to stay low despite drop in job vacancies Job vacancies for the November quarter remained high despite a drop of 0.7 per cent, with unemployment tipped to stay low amid global economic pressures. AAP · Jan 10, 2024
Cost overruns threaten to define Jacinta Allan’s premiership as Victoria’s ‘big build’ faces huge budget blowouts State’s infrastructure spending under scrutiny as some analysts say government is fuelling construction market price rises The Guardian - AU · Dec 21, 2023
Australian shares gain ahead of crucial US jobs report The ASX200 rose 0.4 per cent on Friday to finish the week down 1.2 per cent, before a non-farm payrolls report in the United States. AAP · Oct 6, 2023
Housing recovery entrenched but pace of growth eases Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures. AAP · Oct 1, 2023
September share losses worst monthly hit for a year The local share market has finished the day 0.3 per cent higher but ended September down 3.5 per cent in its worst month since September 2022. AAP · Sep 29, 2023
NSW budget: Labor points to ‘decade of neglect’ but lack of housing showstopper may leave voters underwhelmed NSW treasurer Daniel Mookhey points to ‘largest debt any incoming state government has ever inherited’ as he hands down party’s first budget in more than a decade The Guardian - AU · Sep 19, 2023
Petrol price surge further stretches household budgets Motorists have been hit in the hip pocket by petrol price rises and the latest spike may put a dent in the Reserve Bank's fight against inflation. AAP · Sep 18, 2023
New RBA governor to send the right message on rate talk A leading economist says the Reserve Bank's new governor brings monetary policy credibility while the treasurer praises her leadership and communication skills. AAP · Jul 14, 2023
PM stresses importance of resolving US debt ceiling Prime Minister Anthony Albanese has warned of the ramifications of a failure to lift the US debt ceiling as political leaders inch closer to a last-minute deal. AAP · May 23, 2023
Construction crisis and more migration behind rising house prices Australian house prices are expected to continue rising, with soaring construction costs shelving new stock and pressuring the market. The New Daily · May 18, 2023
Girl, 12, shot in head and killed a few miles from where dad was brutally gunned down Se'Cret Pierce was hit in the head by a stray bullet on April 20 while sat in a parked car in Hartford, Connecticut - just over 10 years after her father, Shane Oliver, was shot in the back just several miles away Daily Mirror · Apr 24, 2023
Gunfire took their son at 20. Now it takes his daughter, 12 A Connecticut family is reeling from its latest ordeal because of gun violence The Independent UK · Apr 23, 2023
AAP · Apr 23, 2023 Inflation data to set the scene for next cash rate call There will be a lot riding on the quarterly inflation figures as the Reserve Bank board tries to determine if it's done enough to rein in rising prices.
ABC News · Mar 28, 2023 Furniture companies collapse under crunch 'identical' to construction sector, leaving customers thousands of dollars out of pocket The peak body for the furnishing industry says it's facing similar pressures to the ailing construction sector, with supply delays, rising costs and staff shortages.
ABC News · Mar 14, 2023 Could interest rates in Australia fall after the collapse of two US banks? If the Reserve Bank of Australia (RBA) wanted an excuse to end interest rate hikes, the collapse of two US banks just gave it one.
ABC News · Mar 11, 2023 Construction company collapses tipped to continue due to rising material costs, interest rates hikes Experts say the rate of construction companies going broke is set to continue across the country, as material costs and interest rates rise. Some builders say the situation is tougher than following the global financial crisis.
ABC News · Mar 6, 2023 The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.
ABC News · Feb 14, 2023 Million households 'vulnerable' to rising interest rates, and their cuts could cause recession A prominent economist now puts the risk of recession at 50 per cent, as households face the prospect of making substantial spending cuts to meet rising home loan repayments.
Newcastle Herald · Feb 7, 2023 RBA strikes again with rate rise The increase marks the ninth consecutive rate hike since May 2022.
ABC News · Feb 6, 2023 Australian households should prepare for many more rate hikes this year, experts warn A leading economist was overwhelmed with interest after releasing RBA cash rate research. Here's why.
The New Daily · Dec 27, 2022 How to keep investing as sharemarkets fall, interest rates rise and property dips We've lived through some benign investing times with property and shares rising as interest rates fell for a decade, but things are changing.
ABC News · Dec 8, 2022 The Australian suburbs where house and unit values have risen the most since COVID-19 hit One capital city led the charge with eye-watering gains, and some suburbs posting almost 80 per cent growth in housing values since the onset of COVID-19.
The New Daily · Dec 6, 2022 Michael Pascoe: RBA on the precipice of its second big mistake The RBA needs to chill to find out what it has actually done, Michael Pascoe writes.