'Wealth effect' in full swing even as new car sales decline CommBank's Household Spending Intentions report released today revealed a 'distinct' upturn in car spending intentions from late 2019. By Harrison Astbury ● May 19, 2020
Aussies withdrew $9bn in superannuation in three weeks Australia's financial watchdog revealed that between 20 April and 10 May nearly 1.2 million successful super withdrawal applications were made. By Harrison Astbury ● May 18, 2020
Call centre job applications spike six-fold from a year ago Research reveals six times as many people have applied for a call centre job during COVID-19 restrictions compared to the same timeframe in 2019. By Harrison Astbury ● May 15, 2020
The Australians accessing their superannuation early revealed Analysis by AMP reveals who is applying for the government's early access super scheme. By Emma Duffy ● May 14, 2020
Three quarters of Aussies financially stressed due to COVID-19 The panic created by COVID-19 has caused great deals of financial stress among Australians, with 77% saying they feel that way. By William Jolly ● May 14, 2020
Unemployment shock as rate rises to just 6.2% in April Australia's unemployment rate increased in April to 6.2% from 5.2% in March, seasonally adjusted. By Alex Brewster ● May 14, 2020
Consumer confidence bounces back in May: Westpac Consumer confidence surged in May, marking the biggest monthly gain since the survey began nearly 50 years ago as Australia's success in containing the virus led to an easing in social restrictions. By Emma Duffy ● May 13, 2020
Real wage growth sluggish at 0.2% in March before lockdowns hit Data released today revealed wages were sluggish in the March quarter before restrictions hit the economy. By Harrison Astbury ● May 13, 2020
Coronavirus to deliver $143b blow to economy: Deloitte The economy is set for the biggest crash since the Great Depression, according to a new forecast. By Emma Duffy ● May 11, 2020
Commbank partners with fintech Slyp for digital receipts Australian fintech Slyp now has the backing of all of the big four banks after it partnered with Commonwealth Bank today. By Alex Brewster ● May 11, 2020