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30 January 2023 • By Jon Bragg • 1 min read

Brisbane suffers largest and fastest ever house price decline

After peaking last June, house prices in Brisbane have dropped by nearly 11 per cent. The Brisbane property market has experienced both its largest ...

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Federal budget running ‘well ahead of expectations’

The budget position is improving quickly, according to economists at CBA. Australia’s budget deficit has come in $11.5 billion better than ...

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ASIC hands out four-year ban over ‘automated trading robot’

A Gold Coast man has been banned from providing financial services. ASIC has banned the director of a business that leased an automated trading ...

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Insignia reports dip in FUA

The firm has issued a business update covering the December quarter. Insignia has reported $201.3 billion in funds under administration (FUA) as of ...

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February rate hike ‘cemented’ following ‘red hot’ inflation data

Most economists believe that a rate hike next month is almost certain after the latest CPI showed that annual inflation has now climbed to its highest ...

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Annual inflation lifts to highest level since 1990

The Australian Bureau of Statistics has released the December quarter’s CPI figures. The consumer price index (CPI) rose by 7.8 per cent in the ...

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China’s economic performance to have ‘big consequences’ for Australia: Treasurer

Treasurer Jim Chalmers has highlighted the importance of China’s economy locally and globally. As clouds continue to hang over the global economy, ...

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Westpac sees RBA’s tightening cycle peaking after the Fed’s

Both central banks are forecast to continue tightening in the early months of 2023. Westpac has predicted that the US Federal Reserve’s monetary ...

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Can the RBA engineer a soft landing for the Australian economy?

The Commonwealth Bank believes Australia will avoid a recession this year so long as the Reserve Bank ends its aggressive monetary tightening cycle

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Perpetual reports higher AUM ahead of ‘new chapter’

The acquisition of Pendal by Perpetual is on track for completion on Monday. Perpetual has reported $93.7 billion in total assets under management ...

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