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News Updates

Find out the latest news on deVere Australia Pty Limited featuring top financial and economic updates.

Economy

Consumer spending in Australia dips in Q2, economy muted

Australia's economic challenges continued through the June quarter as consumers tightened their spending amid high borrowing costs and persistent inflation.

Politics

PM’s approval rating falls to an all-time low

Australian Prime Minister Anthony Albanese’s approval rating has dropped to its lowest point since he assumed office in 2022, as voters increasingly grapple with rising living costs.

Economy

Inflation in Australia falls to 4-month low in July

Australia’s inflation eased to a four-month low Australia’s inflation eased to a four-month low in July, aided by government rebates on electricity bills. However, the slower-than-expected progress in curbing price increases in other sectorsin July, aided by government rebates on electricity bills. However, the slower-than-expected progress in curbing price increases in other sectors

Economy

Long Covid cost Australian economy $6.4bn in 2022

Long Covid cost Australia’s economy as much as $6.4 billion in lost productivity in 2022, according to new research published on Monday.

Economy

Consumer spending in Australia dips in Q2, economy muted

Australia's economic challenges continued through the June quarter as consumers tightened their spending amid high borrowing costs and persistent inflation.

Politics

PM’s approval rating falls to an all-time low

Australian Prime Minister Anthony Albanese’s approval rating has dropped to its lowest point since he assumed office in 2022, as voters increasingly grapple with rising living costs.

Economy

Inflation in Australia falls to 4-month low in July

Australia’s inflation eased to a four-month low Australia’s inflation eased to a four-month low in July, aided by government rebates on electricity bills. However, the slower-than-expected progress in curbing price increases in other sectorsin July, aided by government rebates on electricity bills. However, the slower-than-expected progress in curbing price increases in other sectors

Economy

Long Covid cost Australian economy $6.4bn in 2022

Long Covid cost Australia’s economy as much as $6.4 billion in lost productivity in 2022, according to new research published on Monday.

Economy

RBA deputy governor highlights economic uncertainty

The Reserve Bank of Australia (RBA) stated on Monday that economic forecasts are highly uncertain, a key reason why policymakers have maintained their current stance on interest rates while awaiting additional data.

Economy

Australia’s central bank holds rates steady at 12-year high

The Reserve Bank of Australia (RBA) held rates steady as forecast on Tuesday, reaffirming its open stance on measures to control inflation, prompting markets to slightly reduce the likelihood of a rate cut in November.

Economy

South Australia remains country’s strongest economy

A strong jobs market and a thriving construction sector have established South Australia as the leading economy in the country for the third consecutive financial quarter.

Economy

Australia’s employment exceeds expectations in June

Employment in Australia rose beyond forecasts in June, although the jobless rate still edged up as more people went in search of work, leaving the question of whether rates should rise further.

Economy

Australia promises boost to funds for Pacific Island countries

Australia has pledged to increase investment in Pacific Island countries to bolster their financial systems, it was announced on Tuesday, as banks are severing ties with the region due to perceived risks, while China is seeking to expand its influence there.

Economy

Australia hikes student visa fee to help “restore integrity” to system

Australia announced on Monday that it has more than doubled the visa fee for international students, as part of the latest effort by the government to curb record migration

Economy

Australia’s consumer inflation hits 6-month high in May

Consumer inflation in Australia reached a six-month high in May, whilst a measure of core prices increased for a fourth month, leading markets to hike the chances of another rate rise this year.

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Media contact

deVere Australia Group’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Australia Group’s Head of Public Relations on [email protected] or call +44 2071220925