A positive development in equipment finance indicates confidence is trending upwards, with the industry reporting three-year high levels.Read More
Equipment finance confidence highest in three years
1 in 2 Australian small businesses going digital
Small enterprises – accounting for around 98% of the Australian business market – have pivoted their approach in response to the global COVID-19 pandemic, with nearly half having shifted their business towards online.Read More
Young people have sights set on home ownership, thanks to COVID-19
Around half of the Australian population of young people are more likely to want to purchase a home now than before COVID-19, new research has revealed.Read More
Will credit card debt arrest its steady fall in time for Christmas?
The Reserve Bank’s data for credit and charge cards in the September quarter found balances accruing interest fell a further 2.Read More
ABS data indicates essential spending is greater than inflation
The cost of living, including essential everyday items like food and healthcare, has outpaced inflation over the past seven years, a new research project undertaken by the Australian Bureau of Statistics suggests.Read More
Non-major lenders grab market share back in loan market
Data suggests borrowers are turning to non-major lenders for the first time since the COVID-19 pandemic gained traction in late March.Read More
Do ‘buy now, pay later’ apps affect your credit score?
Buy now, pay later (BNPL) apps have risen to prominence in recent years, particularly during the COVID-19 pandemic lockdown period – reportedly adding as many as 20,500 customers each day.Read More
How a recession impacts the property market
While many have had their say, with drops of 10% all the way to as much as 40% predicted by various segments of the industry, few can say for certain just how the COVID-19 pandemic, and in turn the economic recession it has promoted, will impact the property market.Read More