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Category Archives: News

Has Australia fallen into recession?

April 4, 2019

If the headlines are to be believed then the Australian economy is about to hit some headwinds. In January we’re seeing more weak numbers: house prices are down, equity markets are volatile, retail foot traffic is falling, the Aussie dollar is under pressure and residential building approvals are in free fall. With the September quarter 0.1% drop in GDP and the weakness looking set to continue well into 2019, economists are wondering: Has Australia fallen into recession?

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Was the recent federal budget all bark but no bite?

April 3, 2019
Was the recent federal budget all bark but no bite?

Was the recent federal budget all bark but no bite? The Australian economy remains in 'steady as she goes' mode and it was clear that, some election sweeteners aside, the budget wasn't going to make any radical changes or funding promises.

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Cash flow tips for tradies

February 22, 2019
Cash flow tips for tradies

As we move into the back end of the financial year, tradies and suppliers should be looking to balance their books. But since cash flow is the lifeblood of business, you need to make sure you're managing your money.

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Now is a good time to secure finance at attractive rates

February 1, 2019
Now is a good time to secure finance at attractive rates

This month’s economic update has a theme: the more things change, the more they stay the same. It’s an old French proverb – and a Bon Jovi song – and it’s tailor-made for the times we find ourselves in. Read the latest Economic and Financial Market update from BOQ Chief Economist Peter Munckton.

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The Royal Commission’s final report and what it means for your business

January 26, 2019
The Royal Commission’s final report and what it means for your business

Announced in November 2017, the Royal Commission was charged with considering “the conduct of banks, insurers, financial services providers and superannuation funds” along with “how well equipped regulators are to identify and address misconduct.” In the insurance industry, the Hayne Royal Commission has landed with full force, with the media highlighting tales of consumer suffering and the follies of financial executives. With the final report due by February 2019, what are the practical outcomes likely to be? The findings The inquiry has...

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