Australia's house price boom is a positive for the credit standing of banks, developers and material suppliers, Moody's Investors Service says.
The Reserve Bank will on Tuesday release the minutes of its April 6 board meeting, where it left the cash rate unchanged at a record low 0.1 per cent.
West Australians looking for work will be able to connect with more than 4000 jobs as part of the Perth Jobs Fair.
Accenture Research has found Buy Now Pay Later service provider Afterpay provided $3 billion in net benefits during last year's recession.
Millions of Australians could be worse off if the $1080 low and middle income tax offset ends as planned at the end of this financial year.
Investors with exchange-traded funds have been warned to pay close attention to their underlying assets or face the consequences during a severe market correction.
It was inconceivable a year ago to think that during a global pandemic, business and consumer confidence would surge to levels not seen since the mining investment boom of more than a decade ago.
China’s economy soared in the first quarter as consumer spending strengthened, joining production and investment in recovering from the COVID slump a year ago.
The chief executives of NAB and ANZ have told a House committee they see clear and widespread signs of businesses being on the path to recovery.
US retail sales rebounded sharply in March as Americans received pandemic relief cheques.
WA’s unemployment rate is one of the lowest in the country after an incredible dive in March, revealing a remarkable recovery from the State’s five-day lockdown in February.
National consumer confidence has sprung to an 11-year high, matching levels last seen when Australia was rebounding from the Global Financial Crisis and the mining boom was in full force.
Australian households are set to keep driving the economy’s recovery — even without JobKeeper — as Westpac’s measure of consumer sentiment hits an 11-year high
The number of businesses deciding to close their doors is increasing as they concede they are no longer viable after government support measures during the COVID-19 recession were wound up.
Iron ore futures in China extended an advance as imports surged to a five-month high, signalling robust demand as the world’s second-biggest economy grapples with rising commodity prices.
Growth in manufacturing and construction has seen WA top National Australia Bank’s latest business confidence survey, as conditions nationwide hit record highs.
The National Australian Bank monthly business survey showed conditions rose to a record high in March.
The Grattan Institute has modelled scenarios for Australia's electricity system, finding gas will be needed in a backup, but not expanded, role.
WA’s peak real estate body has revised up its forecasts for property price rises this year — potentially nearly tripling predictions it made only three months ago.
Shadow treasurer Jim Chalmers says the government's decision to abandon its vaccine rollout timetable will come at an economic cost to the nation.
Colin Brinsden, AAP Economics and Business Correspondent
Scammers are targeting desperate families, leaving them thousands of dollars out of pocket, with fake rental scams as the State battles one of its worst-ever housing crises.
WA’s small businesses have been offered reassurance from Australia’s banking watchdog that they will be spared future lending restrictions but some are still wary of borrowing more.
The Reserve Bank's assessment of the financial system finds rising house prices are mitigating its fears earlier in the pandemic of mortgage lending losses.
Poor countries whose economies are hit hard by the coronavirus need to have their debt burden reduced, the Pope has told the IMF and the World Bank.
© West Australian Newspapers Limited 2020