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Has inflation turned the corner? Interest rate pain begins to fade
The Reserve Bank board will meet next week with the news that inflation plunged to 4.9 per cent for the year to the end of October.
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The Reserve Bank board will meet next week with the news that inflation plunged to 4.9 per cent for the year to the end of October.
Business
Domestic tourism in Queensland hit the brakes this year with a decline of 6 per cent expected as Australians returned to overseas travel and high interest rates hit spending.
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A study from Griffith University and Chile’s Andres Bello University has revealed major economic benefits from catching a few waves.
Brisbane house prices were tipped to rise by up to 8 per cent next year but part of that will be on the back of renters.
The State Government stepped in to the housing market with a doubling of its first home owner grants to $30,000. It was either economic foolishness or vital support for 12,000 people entering the market.
Queensland’s unemployment level jumped to 4.3 per cent in October pushing the state back to the worst in the country on a seasonally adjusted basis.
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