News Articles for Alan Oster

Australian businesses are still faring pretty well, but consumers remain fearful despite the interest rate hiking cycle drawing to a close.

Home values are expected to fall across Australia, with the National Australia Bank expecting a 13 per cent drop in Perth's house prices this year.

Momentum is starting to slow down in the economy as the post-COVID rebound starts to fade.

WA a “clear outperformer” in anticipated housing price growth and the state with the highest sentiment among property industry professionals, a NAB survey shows.

Business confidence has surged on the hope that roadmaps out of COVID-19 lockdowns will allow economic activity to rebound in coming months.

Treasurer Josh Frydenberg says the surprising strength in Australia's labour market has justified ending the JobKeeper wage subsidy, despite calls for it to be extended.

Business conditions have risen to their highest levels in two years, suggesting strong momentum in Australia's economic recovery.

Treasurer Josh Frydenberg believes the federal government's new insolvency laws will help keep businesses operating and Australians in jobs.

Scott Morrison says confidence is returning and Australia is well on its way to recovery, but concedes life is still tough for many people.

Incentives for businesses to invest and create jobs will be at the heart of the federal budget, a Morrison government minister says.

Western Australians are keen to buy new homes and investment properties, much moreso than in the rest of the country, but existing owners are unwilling to sell, a survey by National Australia Bank has found.

Big banks have warned that customers and shareholders will carry the cost of the federal government's surprise $6.2 billion levy on Australia's largest financial institutions.

House prices are expected to continue falling in Western Australia, with a survey of property professionals showing sentiment in WA is by far the worst of any state.

Calls are mounting for a Reserve Bank of Australia interest rate cut tomorrow despite new figures pointing to a very favourable business environment for Australian firms.

Perth house prices are likely to fall by 3-5 per cent this year as the mining-dependent economy teeters on the verge of recession.