The Bottom Line
Updated Thursday 12 November 2026
The Assistant Treasurer announced that Australia's largest non-bank lenders began sharing consumer data through the Consumer Data Right this week, with smaller non-bank lenders required to follow in May 2027. The Productivity Commission, in an interim report commissioned by the Treasurer, found that short regional flights cost substantially more per kilometre than major city routes, with nearly three-quarters of regional routes served by just one carrier and more than nine in ten regional and remote passengers flying with the Qantas Group or Virgin Australia.
The RBA cash rate stands at 4.85 per cent after five rises this year, up 1.25 points from 3.60 per cent at the start of 2026. Economist Saul Eslake, writing in The Guardian, warned the five rises risk tipping Australia into a recession it does not have to have, and called on the federal government to cut spending ahead of Myefo.
Ryan said tax changes affecting investment properties announced in the FY27 Budget have likely exacerbated the decline in investor lending and are likely to remain a structural drag. ABS figures show the unemployment rate reached 4.72 per cent in September, up from 4.08 per cent in January.
Every figure is checked against official data or attributed to the body that announced it. Past editions