Mark Holzworth, Author at Holzworth Partners - Page 2 of 2

8 Apr 2024

Working from home is producing economic benefits return-to-office rules would quash

More of us have been in paid work this past year than ever before. A big part of that is because more of us have been able to work from home than ever before. The proportion of Australians in paid work climbed above 64% in May last year, and has stayed there since. At the same time, unemployment has hovered around a half-century low of 4%. In April last year, female unemployment fell to what

23 Aug 2023

What is the latest insight on interest rates? Is there relief in sight or only more pain?

By Mark Holzworth

Australian banks announced big profits over the past several weeks, and have been roundly criticised by many believing the fees charged (including interest rates) are excessive. What is not well known is that banks have passed on only 2.73% of the RBA’s (Reserve Bank of Australia) 4.00% rate increases since early 2022 as at June 2023. This has actually been a cushioning effect for borrowers. Banks have been competing aggressively and on average have not