These losses were triggered by the US Federal Reserve’s call that 2025 will see fewer rate cuts than previously expected. The announcement has been felt globally and the Australian Stock Market had its worst trading day in three months. The S&P/ASX200 fell by 1.7 per cent to 8,168.2 points, wiping…

According to Deputy Governor Andrew Hauser, the direct impact of such tariffs on Australia is expected to be limited, given the relatively small volume of Australian exports to the United States. However, he acknowledged that indirect effects could arise, depending on global reactions to these policies. Hauser highlighted that much…

Cost-of-living pressures continue unabated. However new Australian Bureau of Statistics (ABS) figures for household spending in October show a healthy turning point from several months of up-and-down growth rates, measuring up to 0.8 per cent per annum this last month. The main contributor was services, which upped an average of…

The national gender pay gap among private companies currently sits at 21.1 per cent. While it has improved slightly over the past year, women still earn $28,425 less than men on average. The gap is even wider for women in their late 50s who typically earn $53,000 less per year…

Full-time jobs increased by 9,700 while part-time positions were up 6,200. The pace of job growth slowed compared to previous months where increases averaged 0.3 per cent/month. The figures suggest that the Reserve Bank of Australia (RBA) may have overestimated their earlier forecast of 4.3 per cent by the end…

This downturn comes as markets react to the potential for a Donald Trump presidency and the associated risks of increased tariffs on China. Just weeks prior, the Aussie dollar was at an 18-month peak, trading close to US70 cents. However, a combination of geopolitical tensions and economic forecasts has prompted…

This trend has become particularly pronounced among those aged 55 to 64, a demographic that has seen homeownership without a mortgage nearly halved over the past two decades. Many are facing the harsh reality of continuing to work well into their late sixties, driven largely by substantial mortgage debts. Linda…

By DFK Australia New Zealand In the competitive world of accounting, standing out from the crowd is essential for success. One effective way to gain a competitive edge is by joining a professional association tailored to your industry. A professional association offers more than just membership—it provides a range of…

According to the latest report from Cut Through Venture, investments plummeted from $1.5 billion in the June quarter to $695 million. This downturn has been largely attributed to a lack of transactions exceeding $100 million, with capital raises above $50 million also reaching multi-year lows. In response to these challenges,…

This phenomenon occurs when brands reduce the quantity of a product while maintaining the same price, often in the hope that shoppers won’t notice the subtle changes. Major retailers have faced scrutiny from the competition watchdog for alleged deceptive pricing practices, leading to discussions about zoning law reforms and a…