Search Results | Showing 11 - 20 of 1246 results for "Household" |
| | ... by only 1.75% in 2023-24, before regaining momentum in 2024-25 as improving real incomes growth support a recovery in household consumption. Also, inflation, while moderating, remains a concern, but is expected to return to the target range soon. "After ... |
| | | ... would opt to sell and downsize to reduce their debt. According to the Australian Bureau of Statistics, the amount of household debt now sits at an average of $242,000 for Aussies over 55. According to the study, three in five respondents believe that ... |
| | | ... member's superannuation account. This will allow funds to consider a broader range of a member's personal and household circumstances, such as debt, spouse's income, or Age Pension eligibility. The new legislation aims to empower funds to ... |
| | | ... the economy." Bullock recognised that high inflation is causing a strain on people's real incomes, leading to weak household consumption and dwelling investments. She further explained that maintaining the current cash rate is necessary to evaluate ... |
| | | ... already available on government systems." Thornton said once that hurdle is cleared, the cost of providing sensible household-level advice will drop. And financial advice will be much more available, enabling retirement products and services to be offered ... |
| | | Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ... |
| | | The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ... |
| | | ... note, the RBA estimates suggest that the 4% hike in the cash rate target since May 2022 is projected to diminish overall household spending by approximately 0.4% - 0.8% annually, attributed primarily to the cash-flow channel. However, interest rate changes ... |
| | | ... economy," he said. "One is clearly that it increases prices and inflation rises, but the other is it effectively attacks the household sector, so people need to pay more for fuel and therefore it reduces their discretionary spending. That can mean the ... |
| | | Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ... |
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