Job advertisements fell for the second straight month in May, making it the first time the economy has seen two consecutive months of negati…
Job advertisements fell for the second straight month in May, making it the first time the economy has seen two consecutive months of negati…
The Australian economy has suffered its biggest quarterly contraction in 20 years, with gross domestic product falling 1.2% in the March qua…
So far this year the Australian residential housing market is off to a poor start. House prices are down 2% or so, auction clearance rates a…
Consumer sentiment fell by 1.3% in May to 103.9 points, according to the Westpac-Melbourne Institute of Consumer Sentiment, making it the lo…
The Reserve Bank has indicated that its pause on interest rate hikes is nearing an end, saying despite problems in some sections of the econ…
The Reserve Bank has signaled its intentions to raise interest rates if current economic conditions “continue to evolve as expected”, bu…
Australian Chamber of Commerce and Industry claims a union push for a $28-a-week pay rise for employees will add $3.6 billion to the wage bi…
Finance Minister Penny Wong has dismissed Tony Abbott’s budget reply as uninformative and negative, but a small business lobbyist says the…
New figures reveal the unemployment rate remained at 4.9% in April but the economy lost more than 22,000 jobs, blurring predictions of the n…
The Commonwealth Bank has reported a rise in the number of mortgage borrowers who are defaulting on payments, bolstering the fears of proper…
Company collapses increased by 14% in March as figures near a 10-year high, with accountants claiming the figures will remain high amid chal…
The RBA has happily given business and home borrowers another reprieve by leaving interest rates on hold for the sixth straight month at 4.7…
