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Latest news: Economic Indicator

'Untenable' student debt hikes by thousands of dollars

'Untenable' student debt hikes by thousands of dollars

The average student with about $26,500 in HECS debts will owe the government more than $1250 extra due to indexation.

Economy hit by 'dastardly duo' of rates and inflation

Economy hit by 'dastardly duo' of rates and inflation

Economy hit by 'dastardly duo' of rates and inflation

Economy hit by 'dastardly duo' of rates and inflation

Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.

Home price upswing not 'typical recipe' for rate cuts

Home price upswing not 'typical recipe' for rate cuts

Home price upswing not 'typical recipe' for rate cuts

Home price upswing not 'typical recipe' for rate cuts

Confidence may be returning to the housing market due to rate cut speculation but one economist says rising home values could keep the Reserve Bank wary.

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Australia's jobless rate hits two-year high

Australia's jobless rate hits two-year high

Fresh labour data is unlikely to shift the dial for the central bank despite the jobs market slowdown appearing a little ahead of schedule.

Prices ease but insurance and housing are still biting

Prices ease but insurance and housing are still biting

Consumer price growth is coming off the boil but some key essential goods and services are still painfully elevated.

Home prices climb and rate cuts could fuel more growth

Home prices climb and rate cuts could fuel more growth

The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.

Inflation rate eases to two-year low in welcome sign

Inflation rate eases to two-year low in welcome sign

A larger-than-expected slowdown in the inflation rate has all but assured there will be no change in interest rates at the Reserve Bank's meeting next week.

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No solace for city renters as prices continue to surge

No solace for city renters as prices continue to surge

No solace for city renters as prices continue to surge

No solace for city renters as prices continue to surge

Economists say there could be relief on the horizon for renters, despite prices growing in every capital city in the last months of 2023.

Retail sales dip as shoppers hold off for Black Friday

Retail sales dip as shoppers hold off for Black Friday

Retail sales dip as shoppers hold off for Black Friday

Retail sales dip as shoppers hold off for Black Friday

Consumers hit the pause button on spending in the lead up to the Black Friday sales period, official retail trade data suggests.

Consumers, businesses still wary about the future

Consumers, businesses still wary about the future

Consumers, businesses still wary about the future

Consumers, businesses still wary about the future

Consumer confidence has taken a hit after another round of interest rate pain, with businesses also cautious about the outlook despite economic resilience.

Banks pass on rate hikes to thrifty home loan customers

Banks pass on rate hikes to thrifty home loan customers

Banks pass on rate hikes to thrifty home loan customers

Banks pass on rate hikes to thrifty home loan customers

Some mortgage holders are already trimming their spending and working extra hours, with the latest rise to put more pressure on households and the economy.

Outlook for economic activity slightly more upbeat

Outlook for economic activity slightly more upbeat

Outlook for economic activity slightly more upbeat

Outlook for economic activity slightly more upbeat

Australia's economic growth is still tracking towards lower-than-usual performance despite future-looking indicators showing a glimmer of improvement.

Floods, cyclone put New Zealand in slender recession

Floods, cyclone put New Zealand in slender recession

Floods, cyclone put New Zealand in slender recession

Floods, cyclone put New Zealand in slender recession

New Zealand experienced a shallow recession after two quarters of negative GDP growth to March 2023, according to data released by Stats NZ.

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Politics Australia Economy, Business and Finance New Zealand Housing and Urban Planning Education Economy Employment Real Estate Inflation and Deflation Interest Rate Economic Indicator Macro Economics Mortgages Prices Consumer Confidence Rental Service Lifestyle (house and Home)

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