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.
economic indicator
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.