Aussie economy tipped to improve in 2025
The Australian economy is expected to experience brighter days ahead off the back of expected interest rate cuts, but there is a massive catch for workers.
The Australian economy is expected to experience brighter days ahead off the back of expected interest rate cuts, but there is a massive catch for workers.
Cash-strapped Aussies holding out hope for some cost-of-living relief this year are set to be disappointed.
Australia’s unemployment rate rose slightly in December but still remains under the RBA’s forecasted figure, putting in doubt a rate cut for the first time in 17 months.
One of Australia’s big four banks has renewed its prediction for when the Reserve Bank will cut the cash rate, as spending dropped after the Black Friday sales.
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
The big four bank is holding on to predictions of a rate cut in February following Australia’s anaemic growth figures released on Wednesday.
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
Strong public spending is offsetting an overall weak economy, new figures from the ABS reveal, ahead of the release of the latest growth figures on Wednesday.
Australia’s leading business body has just ranked the best and worst states and territories for commerce and a surprising state has come out on top.
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
The big four bank is the latest institution to push out its timeline for a Reserve Bank interest rate cut, as customers start spending their stage 3 tax cuts.
The RBA governor surprisingly came out in support of Australia’s big spending budget saying the economy “would be worse without it”.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/11