Dr Shane Oliver Head of Investment Strategy and Economics and Chief Economist (AMP Capital) What the data is saying According to figures from the Australian Bureau of Statistics (ABS) , the total value of new loan commitments for housing and within that, the value of owner occupier home loan commitments each reached record highs […]
Colin Brinsden, AAP Economics and Business Correspondent (Australian Associated Press) A prominent business leader has joined growing calls to support struggling companies once JobKeeper payments dry up. The Morrison government is adamant the wage assistance scheme will end in March. But it remains unclear what, if anything, will replace the taxpayer-funded program. Tony Shepherd, […]
Fancy data by Stats Media
Money and Life (Financial Planning Association of Australia) Many of us think of retirement as a given – you work hard for your middle years, and then you get to bow out of the workforce and enjoy a well-deserved rest, take those bucket-list trips and enjoy the best life has to offer. After all, […]
Colin Brinsden, AAP Economics and Business Correspondent (Australian Associated Press) The federal government is opening up the opportunity for about 1800 would-be first home buyers to get on board the housing market with a deposit of as little as five per cent. The government’s first home loan deposit scheme, which guarantees a loan for […]
Rebecca Gredley (Australian Associated Press) A spider’s web of hydrogen projects has been launched across all states and territories in a bid to bolster the industry for Australia’s energy future. National Energy Resources Australia on Monday announced 13 clusters across the nation, with $1.85 million in total funding split between NERA, industry and state […]
“Retirement is a time to rebel!” Fi Radford is a septuagenarian encouraging people of all ages and backgrounds to channel their fear, despair and inertia of climate breakdown into positive, tangible action. The word ‘retirement’ usually implies sitting back, relaxing and winding down – but Fi’s TEDx talk challenges this assumption, exploring instead the […]
Colin Brinsden, AAP Economics and Business Correspondent (Australian Associated Press) The Reserve Bank still does not expect to lift interest rates for a number of years, despite upgrading its economic forecasts. Central bank governor Philip Lowe says the economic recovery has been stronger than earlier expected, which has seen a welcome decline in the […]
Colin Brinsden, AAP Economics and Business Correspondent (Australian Associated Press) Housing prices rose further in January to surpass their previous 2017 peak, with regional property values growing at twice the pace of capital city markets. The CoreLogic national home value index was up 0.9 per cent in January to stand one per cent higher […]
Matt Coughlan (Australian Associated Press) Scott Morrison has expressed a preference for Australia to reach net zero carbon emissions by 2050 but stopped short of committing to the target. The prime minister is pinning the government’s efforts to reduce emissions on technological advances. “Our goal is to reach net zero emissions as soon as […]
