Home prices climb and rate cuts could fuel more growth
The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.
economic indicator
Prices ease but insurance and housing are still biting
Consumer price growth is coming off the boil but some key essential goods and services are still painfully elevated.
Inflation rate eases to two-year low in welcome sign
A larger-than-expected slowdown in the inflation rate has all but assured there will be no change in interest rates at the Reserve Bank's meeting next week.
economic indicator
economy, business and finance
housing and urban planning
lifestyle (house and home)
rental service
No solace for city renters as prices continue to surge
Economists say there could be relief on the horizon for renters, despite prices growing in every capital city in the last months of 2023.
Retail sales dip as shoppers hold off for Black Friday
Consumers hit the pause button on spending in the lead up to the Black Friday sales period, official retail trade data suggests.
Consumers, businesses still wary about the future
Consumer confidence has taken a hit after another round of interest rate pain, with businesses also cautious about the outlook despite economic resilience.
Banks pass on rate hikes to thrifty home loan customers
Some mortgage holders are already trimming their spending and working extra hours, with the latest rise to put more pressure on households and the economy.
China growth shows economic recovery gaining traction
Faster growth in China's economy than expected over the third quarter suggests a recent flurry of policy measures is helping to bolster a tentative recovery.
Outlook for economic activity slightly more upbeat
Australia's economic growth is still tracking towards lower-than-usual performance despite future-looking indicators showing a glimmer of improvement.
Floods, cyclone put New Zealand in slender recession
New Zealand experienced a shallow recession after two quarters of negative GDP growth to March 2023, according to data released by Stats NZ.
Sydney, Melbourne lead house price plunge
Five in eight capital cities have experienced declines in housing values in July as national prices mark the third consecutive month in the red.
Victoria is best-performing state: CommSec
Victoria has earned top spot on CommSec's quarterly State of the States report for the first time since its COVID lockdowns but Queensland is coming on strong.
Farmer confidence wanes
Farmer confidence is declining according to the latest survey, with increasing input costs and the war in Ukraine impacting Australia's agricultural sector.
Tasmania again tops rankings: CommSec
Commonwealth Securities quarterly State of States report has found Tasmania topping the ladder for the eighth consecutive quarter.