Summary: Australia's surge in immigration has led to a tight rental market and record high rents. As net migration rises to 548,800 by September 2023, average rents across the country reach A$627, with some regions seeing increases of more than 10%.
Summary: New orders for Australian manufacturing rebounded after a slow start to the year, but theoutlook remains challenging. Andrew Mckellar calls for productivity issues to be addressed as manufacturers' sentiment on the outlook for the next six months improves slightly but remains pessimistic amid slowing demand improvement and rising costs.
Summary: With the start of the new fiscal year, a number of new policies have come into effect in Australia.