Search results for Economy
Housing market set to soften before stabilising as rates and policy weigh on sentiment
House price growth is slowing in the wake of rate rises and changes announced in the federal budget, but addressing supply constraints is still key...
Wages growth steady in May ahead of July pay rises
CBA’s latest monthly Wage and Labour Insights report shows growth in both wages and employment remained stable in May, but stronger wages momentum ...
Wall Street ends mixed as chip sell-off weighs on Nasdaq
Healthcare and financial stocks rose the most on Wall Street by the end of the trading day.
Wall Street ends lower as Middle East tensions escalate
Wall Street's record rally has come to an end amid concerns about the continued war in Iran.
ASX closes lower as risk sentiment weakens
Australia's share market fell more than one per cent as US-Iran tensions and concerns about global growth weighed on investor sentiment.
Housing market faces multiple headwinds as price outlook downgraded
CBA Economists now expect home prices to be flat in 2026 as higher rates, weaker sentiment and tax changes weigh on the housing market.
