The Reserve Bank of Australia repeats Groundhog Day for the tenth time in a row with another official cash rate increase
Little humour will be lost referencing the Bill Murray movie based on a Groundhog that looks much like an overgrown rat drawn out of a barrel to predict the end of the winter season. And while the analogy of a big rat predicting the end of winter may have little parallel to the reasoning behind […]
Job matching platform to help Queensland agricultural sector through workforce crisis
The Queensland agricultural sector now has the support of a sophisticated job-matching tool to attract valuable skilled labour along with the opportunity to showcase the incredible career opportunities the sector has to offer. Officially launched on 23 February 2023, Ag Jobs Queensland is a dedicated industry jobs platform connecting employers from the agricultural sector across the state with […]
CBA announces rate changes following the Reserve Bank of Australia’s cash rate increase
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA will lift its home loan variable interest rates by 0.25% p.a., effective 17 February. In addition, the bank will increase the interest rates across a number of its savings products, by up to 0.75% p.a. […]
Used vehicle prices come down 11% but are still 53% higher than the December 2019 level
Used vehicle prices continued their sustained downtrend during January, according to the latest Moody’s Analytics Used-Vehicle Price Index. The report showed declines in both month-to-month and year-to-year terms. Nevertheless, January marked a slowdown in the price fall, with both passenger cars and trucks/SUVs prices only decreasing around 0.2% m/m. Vehicle prices are still not near […]
Increase in phone and internet complaints in quarter two shows impact of Optus data breach
The Telecommunications Industry Ombudsman’s (TIO) Quarter Two Complaints Report shows a 9.9% increase in the number of complaints received between October and December 2022. Residential consumers and small businesses made 17,903 complaints, with more than half of these about mobile services. Complaints this quarter increased largely due to the impact of the Optus data breach. […]
The Reserve Bank of Australia holds its firm line with the ninth official cash rate increase in a row
The Reserve Bank of Australia (RBA) has met nine times since the official cash rate was 0.10% before the May 2022 increase, and nine times in a row they have lifted interest rates at each meeting. Culminating today with a rate increase from 3.10% to 3.35%. The only relief for borrowers was no rate rise […]
Australia Day 2023 Honours List
The Australia Day 2023 Honours List recognises and celebrates 1,047 recipients, including 736 in the General Division of the Order of Australia and awards for meritorious, distinguished and conspicuous service. “Congratulations to the outstanding Australians recognised in today’s Honours List. The recipients have had a significant impact at the local, national and international level and […]
NBN overall taking place as consultation recommences on future regulations
A consultation paper is now available to view the NBN Co’s proposed variation to its Special Access Undertaking and the paper also outlines how to make a submission regarding the plans NBN Co has in store for us all. The undertaking provides a framework for the economic regulation of the NBN until 2040, including rules for setting the […]
Deere & Company announces its 2023 Startup Collaborators
Deere & Company has released the names of eight companies chosen for its 2023 Startup Collaborator program. The Startup Collaborator was launched in 2019 and helps John Deere keep abreast of advancements in precision technology that could progress its agriculture and construction equipment. What better way is there than to be fed all the relevant information about […]
RBA interest rate increases paused over holiday season to break the run of eight consecutive rate hikes
The Reserve Bank of Australia (RBA) has given home loan borrowers a breather over the New Year’s break following its previous relentless pummelling of eight consecutive rate rises from May to December 2022. There was no interest rate increase in January 2023, but that was simply because the RBA board didn’t meet to discuss the […]