The Latest Breaking News from Besa Deda

Mortgage applications for first homebuyers drop sharply

Mortgage applications were down 14 per cent in August, compared to August 2025, with applications by first-time homebuyers down 20.1 per cent.

AAP · Sep 15

Aussie dollar breaks barrier as greenback loses shine

Australians travelling to the US are celebrating after the dollar broke through a key mark against the greenback for the first since early 2023.

AAP · Jan 27

Slow progress on inflation tempers interest rate hopes

Australia's annual inflation rate has sunk to a two-year low but is slightly above expectations, which might lengthen the wait time for rate cuts.

AAP · Apr 23, 2024

Hot jobs data bolsters case for another rate hike

Fresh labour market data shows few signs of a slowing jobs market, with one vacant position for every unemployed worker.

AAP · Mar 15, 2023

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

The Guardian - AU · Mar 6, 2023

What experts think of the RBA’s interest rate rises – and what they say is coming next

Five leading economists give their views on what’s on the horizon for Australia’s economic future

The Guardian - AU · Feb 8, 2023

Australia is banking on China’s economy to take off but headwinds are looming

The Albanese government is wary of Chinese economic volatility amid a slumping property sector and shrinking population

The Guardian - AU · Jan 21, 2023

RBA hikes rates in fight to tame inflation

The Reserve Bank has increased interest rates by another 25 basis points, locking in more mortgage pain for Australians over summer.

AAP · Dec 5, 2022

Annual wages growth reaches 3.1 pct

Wages are tracking upwards, growing by 3.1 per cent in the year to September, but still failing to keep up with the rising cost of living.

AAP · Nov 16, 2022

Recession unlikely in Australia, says IMF

Australia has had one of the strongest recoveries from the pandemic among advanced economies and is on track to avoid a recession, the IMF says.

AAP · Nov 15, 2022