The Reserve Bank of Australia has provided businesses with mixed news in its latest series of economic forecasts out to the June 2025 quarter. On the one hand, the Reserve Bank has forecast: the economy will keep growing until June 2025. unemployment will remain low over the next three years. inflation peaked in December 2022 … Read more
As of 1 February, paid family and domestic violence leave has become available to employees of businesses with more than 15 staff. This leave entitlement – which will also become available to employees of smaller businesses from 1 August – allows employees to access 10 days of paid family and domestic violence leave in a … Read more
Have you ever wondered what specific features buyers and renters look for when they do online property searches? Well, PropTrack has analysed listings on realestate.com.au and discovered certain keywords enjoyed a big rise in popularity in 2022, when compared with the previous year. For buyers, the 10 search terms (which could include just one keyword … Read more
The federal government has extended funding for two support programs for small business owners. The first program is NewAccess for Small Business Owners. This program is: Aimed at small business owners who are feeling stressed or overwhelmed Run by specially trained mental health coaches with a small business background Available nationally by phone or video call, … Read more
The job market has improved from an employer’s perspective, but it’s still challenging to find good staff, based on the latest data from the Australian Bureau of Statistics. In December, the unemployment rate was just 3.5%, the same as the previous month, although the number of unemployed workers edged up slightly, from 492,600 to 494,200. … Read more
New or used? It’s a question that almost all car buyers ask themselves at some point and there are arguments for each. Based on our experience, with the help of our network of car dealers and feedback from clients, we’ve put together this guide to help you make the right choice for you. New vs … Read more
As of 16 January 2023, first home buyers in New South Wales have the option to opt out of paying upfront stamp duty and instead pay an annual tax. The First Home Buyer Choice scheme was introduced by the NSW Government in a bid to help reduce the entry cost for buyers looking to get … Read more
This is the eighth month in a row we have said “The Reserve Bank of Australia (RBA) has increased the cash rate”. In its final meeting for 2022, the bank increased the rate from 2.85% to 3.1% in its ongoing bid to cool rising inflation. This is 3% higher than the start of the year, … Read more
The Federal Government last night announced the 2022 Federal Budget with a big focus on counteracting the impacts of escalating costs of living and house prices. The schemes announced are targeted at helping Australians with the challenges of building up a house deposit through the expanded Home Guarantee Scheme and assisting with costs to households. … Read more
With property prices falling and interest rates rising, you might be wondering if now is a good time to buy an investment property. Ray White chief economist Nerida Conisbee said there were six questions to ask yourself as part of the decision-making process. 1. Can you get a home loan? Your ability to qualify … Read more
