Reported in May, Australia’s annual inflation rate shifted up a gear, with the headline inflation rate lifting to 4.0% from 3.6% in April. This is the latest in the ABS’ publication of a useful…

After declining for the last two years and flattening out in recent months, Australia’s dwelling approvals appear to have bottomed out. Over the year-ending May 2024, approvals were 163,23…

Western Australia’s economy is driven by the mining industry. That includes the housing sector, where the booms and busts of mining feed the market for housing in a way that is … different. In 2…

Lending for housing declined 1.7% on the previous month in May, falling to $28.8 billion. However reflecting the underlying strength of the property market and the growth in established rea…

The peculiarities of the Australian economy continue to present themselves, with a weak economy lifting around 9,000 people off the unemployment line in May, as the jobless rate fell from 4.…