Housing prices saw second successive gains in the month of November, according to CoreLogic's national index, following gains recorded in October. The dwelling values have risen 0.8 per cent month-on-month and 3.1 per cent year-on-year. Housing pri...
Australia’s seasonally adjusted balance on goods and services surplus surged A$1,641 million to A$7,456 million in October from the previous month. The surplus stood at A$5,815 million in the month of September. The goods and services credits...
nificant decline due to fewer international students being allowed to the country. With November marking another record-breaking month for higher house prices, the nation’s real estate market may exceed pre-coronavirus levels. Initially, ...
National Australia Bank Limited (ASX:NAB) Online Retail Sales Index contracted in the month of October following strong growth in the previous four months. The index shrank 0.7 per cent in October against a growth of 1.2 per cent in September, on a...
The Australian economy has managed to fare well in this stressful time by coming out of its first recession in nearly 30 years. With a GDP growth rate of 3.3% in the third quarter, Australia has started on its journey towards economic recovery. Tre...
The Reserve Bank of Australia (RBA) has agreed to retain the record-breaking low interests rates at 0.1 per cent for the remaining weeks of this year. However, the RBA did warn about a slow recovery caused by the coronavirus pandemic. On a Melbour...
The Australian economy bounced out of recession as the economy expanded by 3.3 per cent in the September quarter. The gross domestic product (GDP) growth had contracted 7 per cent in the June quarter, the worst in Australian Bureau of Statistics (A...
International parliament members from several political parties have joined forces to “stand against repressive bullying” as a response to China’s raising of wine tariffs for Australia. Several MPs from the Inter-Parliamentary Al...
The Australian Bureau of Statistics (ABS) has released building approvals data for October 2020. The data has been particularly encouraging for private sector houses or residential real estate. On a seasonally adjusted basis, building approvals fo...
As China keeps continuously slamming Australia with additional tariffs on imported products, the land down under needs to think of a way to fight back. Trade experts believe Australia can do a lot more than just pursuing legal actions and taking th...
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