VFACTS year in review – EV wrap up
In 2023, Australians set a record by purchasing 87,430 new electric vehicles (EVs), making up approximately 7% of total sales for the year (a remarkable 161% surge from the 33,410…
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VFACTS 2023 EoY review – heavy commercial vehicles
The Australian heavy commercial vehicle industry marked a record-breaking year in 2023, data from the VFACTS National Report shows. With an impressive 51,772 new vehicles hitting the roads, this sector…
Continue readingSMEs eye brighter 2024
Updates to this research are published monthly. View previous wave. The latest wave of the Fifth Quadrant SME Sentiment Tracker shows business sentiment is stable, despite challenging market conditions. The Fifth Quadrant Business…
Continue readingnew brands on growth trajectory as Australian EV market expands
Electric vehicles are on the rise in Australia. With one month remaining in 2023, we’re at 80,446 electric vehicles sold (vs. 28,326 at the same point last year). Based on…
Continue readingBNPL usage ramps up amidst festive season cost-of-living pressures
As the holiday season approaches, Australians find themselves grappling with the delicate balance of festive spending amidst escalating cost-of-living pressures. For many households, the overwhelming concern of managing tighter budgets…
Continue readingcost-of-living: are consumers giving up on sustainability?
Australian consumers drastically altered their behaviour during COVID-19, as they were forced to stay at home, and were unable to travel. One benefit of this however was a positive impact…
Continue readingVFACTS November 2023 – top tier tussle as Ranger reels in Hilux
Huge numbers in the November VFACTS data, with 112,141 new vehicle sales, making it the second highest month of the year behind the EOFY-backed June. This places the 1.2m yearly…
Continue readingSMEs enter holiday season with growth ambitions amid economic headwinds
Updates to this research are published monthly. View previous wave. The latest wave of the Fifth Quadrant SME Sentiment Tracker indicates that in the face of escalating business challenges, a significant number of…
Continue readinga turning point for healthcare affordability?
Is the Medicare Incentive Increase a Turning Point for Healthcare Affordability in Australia? The Australian Government’s decision to significantly increase the bulk billing incentive for GPs, effective from November 1,…
Continue readingfrom bills to bytes: Australia’s cashless conundrum
In this blog, we continue our exploration of Australia’s transition towards a cashless society. Following on from our previous post, this piece unpacks the human element, using data from the…
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