News

Westpac predicts a deeper recession. But what is a recession?

Economists have forecast Australia will fall into a deep recession as a result of the fallout from COVID-19.

By Alex Brewster ● March 18, 2020

New research has revealed the early impacts of the Australian bushfires and COVID-19 on our spending intentions.

By Alex Brewster ● March 17, 2020

House prices rose by 3.9% across Australia in the December 2019 quarter, but the impacts of coronavirus on the property market are still to come.

By Emma Duffy ● March 17, 2020

Loans.com.au has introduced a suite of reduced car loan interest rates – with one having an advertised interest rate below 4.00%.

By Harrison Astbury ● March 17, 2020

Westpac, as well as its subsidiary RAMS, have both cut savings account interest rates today by 25 basis points.

By William Jolly ● March 17, 2020

The Morrison Government is considering rolling out a second stimulus package to cushion the economic blow from the global coronavirus pandemic.

By Emma Duffy ● March 16, 2020

Major banks ANZ and NAB have joined the chorus of institutions slashing savings account interest rates in March.

By William Jolly ● March 16, 2020

Short term Chinese visitor numbers dropped 19.98% in January 2020 against the same time last year, according to data released today.

By Harrison Astbury ● March 16, 2020

Australia's central bank said it stands ready to engage in quantitative easing, in response to the COVID-19 pandemic.

By Alex Brewster ● March 16, 2020

Most states have now announced their own stimulus packages, targeting different areas of the economy.

By Harrison Astbury ● March 13, 2020