The numbers that drive our future
Australia faces slower growth and additional inflation from a second Donald Trump presidency, but the Treasurer believes the nation is well placed to withstand financial shocks.
Interest rates have been left on hold at 4.35 per cent - as they have been for 12 months - with the Reserve Bank remaining committed to its inflation fight.
More spent on essentials such as groceries and healthcare last month, with overall spending down in a sign of a still-cautious consumer.
New data on building supplies and lending indicators points towards a boost for housing in 2025, according to the Housing Industry Australia.
Under market expectations mark the lowest rate of headline inflation since March 2021 - but it’s unlikely to persuade the Reserve Bank to bring forward any rate cuts.
Inflation after COVID-19 would not have been so brutal if post pandemic support had been less wasteful and interest rates moved earlier, a review says.
House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.
Affordable house price growth is now outpacing the luxury market - while demand for prestige apartments is growing faster than cheaper units.
Western Australia's economy has topped CommSec's State of the States report for the first time in a decade.
The median price of a residential lot in Australia reached $351,044 in the June Quarter 2024.
Get Australian Conveyancer News Alerts pushed to you
All news, articles and insights on the Australian Conveyancer are available free and online. Subscribe to receive these insights direct to your inbox every week. Stay on top of the issues affecting the industry and your business.