What it means for individuals, retirees and the Australian economy With the COVID-19 coronavirus crippling the Australian economy and affecting livelihoods, the Australian Federal Government has announced a range of measures to support both businesses and individuals. The total stimulus announced to date is worth $189...

Market and Economic overview Australia Headline inflation rose slightly more than expected in the December quarter. Prices rose 0.7% over the three-month period, the fastest quarterly increase in three years. This took the annual inflation rate to 1.8%. The increase was partly due to higher food...

Market and Economic overview Australia Australian interest rates were lowered by 0.25% to 0.75% in October but left unchanged in November. Most observers expect borrowing costs to be lowered further in the next few months. The latest reading of Australian consumer confidence fell unexpectedly sharply. This was a...

Market and Economic overview   Australia The Reserve Bank of Australia lowered interest rates in June by 25 basis points to 1.25 per cent, and again in July by a further 25 basis points - moving the official cash rate to 1.00%. In a July speech, the...

Market and Economic overview Australia Q1 2019 inflation data were released and came in well below consensus expectations. CPI was unchanged in the first three months of 2019 and the annual pace declined to 1.3%. With inflation so far below the RBA’s 2.0% to 3.0% target...