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ECONOMY

Property industry sentiment across Australia has retreated from its post-federal election bounce to below the historical average according to the latest ANZ/Property Council Survey for the December 2019 quarter.

Sentiment has fallen by 10 index points from the previous quarter to 118 which is below the historical average of 126 since the survey’s...

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Today’s GDP figure reflects the impact of the slow-down in housing construction activity on the Australian economy.

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According to the Australian Bureau of Statistics (ABS) the rate of women entering the workforce is rising at an incredible rate. In 1978, when the ABS first started reporting on Australian employment, men dominated the labour force accounting for almost two thirds of Australia’s working population. Fast forward four decades to 2019 and the ratio...

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The Reserve Bank of Australia (RBA) left cash rates unchanged in March 2019. It has been just over two and half years since the last rate change in August 2016, lowering from 1.75 per cent to the current rate of 1.5 per cent. Looking at the language used in the minutes of the most recent RBA monetary policy meeting, we can start to understand the...

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Confidence in the Australian property industry has dropped to its lowest level in more than five years.

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Property industry sentiment across Australia has fallen for the second consecutive quarter with drops in expectations across a number of key indicators including forward work and staffing levels.

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