The RBA will be happy with new job market figures showing unemployment falling to its lowest level in nine months.
Major bank economists are expecting the RBA to cut interest rates to a new record-low of 1.5 per cent in February but there’s plenty of industry opposition to it.
Weakening business conditions and a flood of extra office space hitting the Melbourne CBD has put the brakes on our city’s office rental growth.
Any bank customer that relies on tourism or farming in the bushfire-affected areas will be under some substantial pressure and it could lead to lower property prices and more defaults.
ASIC chairman James Shipton says auditors and superannuation trustees will be under more scrutiny and will face more enforcement action this year.