Slip shows dark turn in Aussie housing
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
Former prime minister Tony Abbott has declared warnings of human-induced climate change “ahistorical and utterly implausible”.
A major economic health check recommends the Reserve Bank makes a major move on interest rates when the board meets next week.
With many Aussie motorists paying more than $2 a litre for petrol, Opposition Leader Peter Dutton has indicated the Coalition would back a cut to the fuel excise.
The RBA is widely tipped to continue its most aggressive round of rate hikes in decades after inflation figures confirmed soaring prices remained stubborn.
In her first prepared address as RBA governor, Michele Bullock has revealed the extreme pressure faced by some Aussie homeowners, but warns it won’t stop the board raising rates if necessary.
Despite its own gender pay equity taskforce recommending super be added to paid parental leave, the government won’t commit to the measure.
The man who leaked confidential government information to clients has been exiled from the world of Australian finance.
The latest report from the Reserve Bank of Australia shows how much money the men and women who determine your mortgage bill make each year.
China’s debt-ridden property sector and high interest rates across the globe point to bad news for the Aussie economy, the IMF has warned.
Australia’s economic outlook has darkened, with the value of resource exports set for a staggering fall on the back of a China slowdown.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/40