Macquarie, Australia's fifth-largest lender, will now offer a one-year fixed rate of 5.55% for owner-occupiers paying principal and interest, provided they have at least a 30% deposit.
"Capital city prices have increased substantially, making them less accessible for many buyers – in contrast, regional markets remain relatively affordable, which has kept demand metrics stronger there," Cameron Kusher, PropTrack's Director of Economic Research said.
Australian energy market is set to undergo a significant shift, which brings consumers under complex power pricing plans. These plans, including dynamic tariffs, aim to reduce energy consumption during peak hours when production costs are higher.
The closure will affect 200 jobs, while around 100 e-commerce staff will be redeployed to Kmart to make the most of Catch's existing warehouse infrastructure.
European and Asian stock markets rose on Monday and bitcoin soared to a new high as Donald Trump prepared to re-enter office as president of the world's biggest economy.
The bank revealed on Monday that 14 branches will close between Feb. 7 and 27 in Queensland, Western Australia, New South Wales, and Victoria, in addition to the two closures already scheduled for next month.
Australia's 47 billionaires boosted their wealth by an incredible AU$28 billion in a single year, which was an astounding AU$3.2 million every hour.
The Grattan Institute said in a recent report that Australia's superannuation system was at risk of becoming a "massive inheritance scheme" rather than a retirement funding mechanism.
Proposals to remove credit card surcharges have been met with criticism from major Australian airlines Virgin Australia and Qantas, who have warned of possible price rises for customers.
For small businesses, success often comes down to balancing many different tasks, like managing customers, employees, and suppliers. Given the economic challenges over the past year, it's no surprise that many Australian SMBs have felt the pressure on their cash flow, according to Rebecca Warren, Executive General Manager of Small Business Banking at CBA.
With both job creation and unemployment on the rise, Australia's labor market is facing a conundrum. It's uncertain what will happen to interest rates next month because of this unexpected mix.
DCTs integrate innovative tools and methodologies that enhance efficiency, patient engagement and data quality while ensuring regulatory compliance.
With prices continuing to climb, some are turning their attention to the possibility of boosting local coffee production to cushion the market. However, industry insiders say that this will be a slow process.
Stock markets mostly rose Tuesday with traders' attention fixed on President-elect Donald Trump's tariff plans, earnings updates and upcoming inflation data.
TikTok on Tuesday labeled as "pure fiction" a report that China is exploring a potential sale of the video-sharing platform's US operations to billionaire Elon Musk as the firm faces an American law requiring imminent Chinese divestment.
In a TikTok video posted on Tuesday, Todd Springthorpe, managing director of UGG Since 1974, explained that the company had been sued by Deckers Outdoor Corporation, a U.S.-based footwear giant.
The Chinese retailer signed the voluntary product safety pledge with Australia's consumer watchdog, following an incident where an 8-year-old girl suffered burns from a Temu-sold jumper.
Its plan of action includes opening at least 200 restaurants in Australia by 2034, creating at least 30-40 job opportunities in each outlet.
Dentzz is renowned for its ability to provide personalised care for each patient. Many patients speak of the clinics' focus on tailoring treatments to their individual needs, an approach that sets the clinic apart in the competitive field of dentistry.
Asian and European markets slid Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally sparked by new sanctions on Russia's energy sector.
According to a recent CreditorWatch survey, Australian businesses failed at a rate of 5.04%, the highest since October 2020 -- which indicated a notable increase compared to the average failure rate of 3.97% in October 2023.
The demand for part-time or contract jobs has been on the rise, with an estimated 986,400 people (6.6% of employed individuals) now doing multiple jobs.
Stock markets mostly retreated and the dollar steadied Friday as traders awaited key US jobs data for signals on the health of the world's largest economy and the outlook for interest rates.
Fast-food chains, like McDonald's, have also been impacted, with the popular breakfast menu trimmed back due to the shortage.
In June 2025, six new Lego sets depicting Bluey and her family will be launched, with young fans being also able to lay their hands on a separate Duplo range.
The revised model comes with a distinct appearance with split headlights and a rear light bar, which sets it apart from the Model 3 sedan.
European and Asian stock markets diverged Thursday, with investors tracking the outlook for inflation and US interest rates as Donald Trump's second presidency looms.
AMP Chief Economist Shane Oliver attributed the slowdown in the housing boom to high prices and limited housing supply.
Financial expert Rebecca Pike pointed out that salary sharing was a rising trend, especially among Gen Z, adding that social media had made it more common to discuss personal finances.
NAB Executive Chris Sheehan, a former Australian Federal Police officer, advised that while scammers were constantly evolving, there were some common red flags to watch out for, such as unexpected contacts, suspicious links, and poor grammar.