Bendigo Bank warns rate hike marks sharp turn for policy as jobs and housing...

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Australia’s latest interest rate rise has capped an abrupt shift in monetary policy, with Bendigo Bank warning that stronger jobs data, rising housing costs...

The great squeeze: GDP grows, Australia shrinks

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Australia’s economy is growing—just barely. The March quarter delivered a 0.2% rise in GDP, annual growth stood at 1.3%, and GDP per capita actually...
Ethnic Australians spend more at grocery stores than Australian-born shoppers: Nielsen study

Weakest since Delta lockdowns: Consumers tighten belts, economy still grows

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Australians are feeling the pinch. As cost-of-living pressures grow, many are cutting back on their discretionary spending, leaving a mark on the economy. According...

Saravanaa Bhavan marks 10th Australian outlet with Sydney CBD launch

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P opular South Indian vegetarian chain Saravanaa Bhavan has opened a new outlet in Sydney’s CBD, marking its third location in the city and tenth...

Profits and millets: Tapping into India’s growth story

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Australian businesses are increasingly looking towards India as a market teeming with opportunity, with a recent Sydney event serving as a focal point for...

Diplomats, business leaders & industry experts gather for ABSC’s Ekonomos launch

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Aqua Luna Waterfront Dining in Drummoyne played host to a distinguished gathering on 20th February, as the Australian Business Summit Council Inc. (ABSC Inc.)...

Small business ombudsmen website now in 100+ languages

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The Australian Small Business and Family Enterprise Ombudsman’s website—www.asbfeo.gov.au—is now available in more than 100 languages to better assist migrant-led small and family business...

Business leaders, diplomats gather as ABSC Inc. launches EKONOMOS Issue 6 at Gala Dinner

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The Australian Business Summit Council Inc. held its Annual Gala Dinner on 2 May 2025, hosting more than 250 distinguished guests at the Aqua...

RBA lifts rates, Chalmers points to private demand behind inflation

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The Reserve Bank of Australia has lifted the cash rate by 25 basis points to 3.85 per cent, marking the first increase since November...

CBA faces police inquiry over up to $1 billion in questioned home loans

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Australia’s biggest bank has informed authorities it is reviewing nearly A$1 billion of home loans that might have been secured using fraudulent applications and forged...