Australian borrowers can breathe a sigh of relief as highly-anticipated inflation numbers land soft enough to dissolve fears of another interest rate hike The annual rate of headline inflation did accelerate, however, rising to 3.8 per cent, up from 3.6 per cent, marking the first increase...
South Australia has again been recognised as an economic powerhouse for its robust jobs market and strong building activity, prompting a jubilant reaction from Premier Peter Malinauskas, who said his state was leading the nation’s economy. SA topped CommSec’s July State of the States report, which...
A sharp fall in approvals for apartments and townhouses has dragged total building approval numbers lower, interrupting four months of gains. Higher interest rates and pricey materials, labour and other costs have been weighing on home building, contributing to the weakest financial year for new dwelling...
Many retirees worry they will chew through all their savings and those fears could be chilling conversations about transferring wealth down to their children, a survey by AMP has found. Young people are reluctant to bring up the topic of intergenerational wealth, with three in five...
Letting first-time buyers dip into their retirement savings for a housing deposit would push up house prices and, by extension, rents, new super industry analysis shows. Renters could end up paying $57 more a week in today’s dollars were dwelling prices to rise as a result...
When Lloyd was a year nine student, his anxiety and depression became so bad he could not go to class and eventually dropped out of school. He stopped sleeping, stayed up late playing games and struggled to maintain connections with the outside world. “It was mainly my...