Recession confirmed: GDP plunges 7% in largest ever fall
Australia's Gross Domestic Product (GDP) has fallen by 7.0%.
September 02, 2020
RBA holds cash rate at 0.25% for September
Australia's central bank has held the cash rate at 0.25% for the sixth straight month.
September 01, 2020
Will the RBA change the cash rate in September?
Australia's central bank meets today to discuss the possibility of a change in the cash rate.
September 01, 2020
JobKeeper and JobSeeker reduction to push more than 700,000 into poverty
A new report has revealed the devastating effect the September Jobkeeper and JobSeeker reductions will have on households.
August 31, 2020
eftpos mobile payments see 400% growth through COVID period
eftpos has seen enormous growth in its mobile payment offerings as Australians flock to contactless payments through COVID.
August 28, 2020
Zip posts strong profit but still lags behind Afterpay in customers
Zip has posted a $161 million profit in the 2020 financial year, up 91% year-on-year.
August 27, 2020
Savings accounts for SMSFs and how they work
If you have an SMSF, finding the right savings account for your retirement cash can be a challenge. But knowing what to look for and understanding how they work can make this easier.
August 26, 2020
FlexiGroup records strong growth for humm and bundll
FlexiGroup has recorded sharp increases in customers and transactions across its businesses.
August 26, 2020
RBA: House prices could fall 40% in 'extreme' scenario
Australia's central bank has warned house prices could plummet in the event of a severe downturn.
August 25, 2020
Unemployment to hit 13% amid calls for permanent JobSeeker increase
The Treasury has forecast effective unemployment will increase to more than 13% during the September quarter.
August 24, 2020
