From 1 July, two entitlements – Parental Leave Pay and Dad and Partner Pay – will be combined into one payment. That means the current entitlement to 18 weeks’ paid parental leave pay will be combined with the current Dad and Partner Pay entitlement to two weeks’ pay. As a result, partnered couples will be … Read more
The business sector has a stronger balance sheet than before the pandemic, according to the Reserve Bank of Australia’s (RBA) latest Financial Stability Review. That finding was based on a study of non-financial businesses’ balance sheets over the three years to June 2022, the most recent period for which the RBA had data. “Aggregate leverage … Read more
Just as employers are dreaming up perks to lure staff back into the office, office landlords are offering incentives to attract businesses to their premises. Ray White Commercial Head of Research Vanessa Rader said the incentives range from drinks and discount food to pilates sessions and special events, and have proved effective. “Post COVID-19 we … Read more
A total of $4.74 billion of commercial property transactions were conducted in the first quarter of 2023, 68.2% lower than the year before, according to data from Real Capital Analytics and Ray White. Ray White Commercial Head of Research Vanessa Rader said “a combination of rapidly rising interest rates, difficulty in obtaining finance and sentiment … Read more
The Reserve Bank of Australia (RBA) today announced the cash rate will move by .25 percentage points to 3.85%. This follows the release of inflationary data last week that showed annual inflation had cooled slightly in the March quarter (7%) compared to the December quarter (7.8%). While many homeowners across the country have been impacted … Read more
