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UNCOVERED: Stephen halmarick - Caught on Camera

Experts put money on early rate cut as spending slides

A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment.

AAP · Jan 14, 2025

State treasurer rattles tin for federal housing support

More federal government funding is needed to support housing, one state treasurer says as falling inflation opens the door for interest rate cuts.

AAP · Oct 30, 2024

Stage three tax cut spending spree yet to surface

Fans splashed out on footy finals in an otherwise slow month for consumer spending, which is yet to show a bounce from tax cuts that came into effect in July.

AAP · Oct 14, 2024

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Cafe, pub splurge short-lived as consumer pain persists

Higher spending at hospitality venues in August was likely a blip as financial pressure on wallets is expected to stick around until 2025.

AAP · Sep 11, 2024

Australians’ spending softened in March after Taylor Swift concert splurge

The economy is limping into 2024 after per capita activity shrank for the final three-quarters of last year

The Guardian - AU · Apr 10, 2024

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Guardian - AU · Feb 15, 2024

Borrowers cutting back with more pain to come: RBA

Mortgage payments are at a record share of household disposable income, says a senior Reserve Bank official, and are expected to rise even further.

AAP · Oct 11, 2023

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Women’s World Cup fuelled uptick in Australian household spending last month, CommBank data shows

Increase in nominal spending contrasts with other recent surveys showing consumer confidence was languishing at depressed levels

The Guardian - AU · Sep 13, 2023

Jobless rate to stay low despite looming economic woes

Workers are still in short supply and the labour market is unlikely to reveal signs of loosening as the effects of inflation work through the economy.

The New Daily · Apr 12, 2023

Uncertain outlook hits business confidence

The conditions for running businesses remain rosy but the business community is starting to fret about the looming economic slowdown.

AAP · Dec 12, 2022

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