Confident December as Australian Consumer Sentiment Climbs to 10-Yea...

The Westpac-Melbourne Institute Index of Consumer Sentiment marked a 10-year high after clocking 112 in December.  The December figure reflects...

November NAB Business Survey Notes Above Average Confidence and Cond...

NAB Australian Economics has released the November business survey, suggesting ‘rapid rebound in the economy’ as states are easing restric...

Why can Australian house prices rise 20% in 2021?

While Australia marked a return to growth in the September quarter, the Australian housing market seems to be out of the woods. Housing prices in Aust...

RBA resumes review of retail payments regulations, BNPL shares react...

Reserve Bank of Australia (RBA) Governor Philip Lowe on Monday said that the periodic review of retail payments regulations has been resumed by Austra...

Monetary policy transmission at the heart of the Australian recovery

  The Australian economy is surfacing from the worst recession ever recorded since the 1930s. This recovery has been made possible through strin...

Australia shows resilience & defeats property market crash- 3 ASX st...

While the cataclysmic pandemic has left majority of industries in a dire strait, the property market seems to be bucking the trend in the land down un...

Is it too early to buy low-cost, flexible international travel packa...

Coronavirus vaccine announcements have brought in some cheer in the wind in the tourism industry. When the vaccine finally rolls out, travellers can p...

Why did China’s WeChat delete Scott Morrison’s message?

stralia, criticising the Communist party for making such a ‘low’ move. WeChat, a popular Chinese messaging platform, deleted PM Scott...

Australia’s retail sales return to growth, rise 1.4% in October

Australia’ retail sales have returned to growth, rising 1.4 per cent in the month of October 2020, seasonally adjusted. The latest figure update...

How is Australia's property market scenario panning out?

Housing prices saw second successive gains in the month of November, according to CoreLogic's national index, following gains recorded in October. The...

ABS data revealed surge in International trade and housing loan comm...

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 mon...

What will Australia’s housing prices look like in 2021?

nificant decline due to fewer international students being allowed to the country. With November marking another record-breaking month for higher...

NAB Online Retail Sales Index contracts 0.7% in October

National Australia Bank Limited (ASX:NAB) Online Retail Sales Index contracted in the month of October following strong growth in the previous four mo...

Earlier vaccine rollout to rev up Australian recovery

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...

Why is RBA keeping interest rates at a record-low?

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....

Australian economy returns to growth in September quarter

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) gro...

Raising a glass against China: IPAC urges world to drink Australian...

International parliament members from several political parties have joined forces to “stand against repressive bullying” as a response to...

Residential real estate regains its shine as house approvals hit a 2...

The Australian Bureau of Statistics (ABS) has released building approvals data for October 2020. The data has been particularly encouraging for privat...

What can Australia do about its relationship with China?

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...

RBA Monetary Policy Decision: No Changes to Policy Setup

The Reserve Bank of Australia (RBA) has decided to maintain its monetary policy stance, with no new changes announced. With a target of 10 basis point...