economy
Business leaders eye economic light at end of tunnel
19 September
Australian business leaders are broadly optimistic about the state of the economy and more than half plan to hire and bolster workforces. Nearly nine in 10 Australian chief executive officers surveyed were confident about the economy despite a...[Read More]
Let’s do business: PM reform plea to corporate leaders
19 September
Big economic reform is still possible if the government and businesses can put aside differences, the prime minister says, following criticism from a major lobby group. The government remained committed to the corporate sector, especially as there...[Read More]
Beef-loving US can’t get enough true blue red meat
18 September
Lean times for American producers have led to a major boost in US demand for imported beef, with South Australia recording a staggering near-four-fold increase over the past 12 months. Drought and high supply costs are being blamed for what is the...[Read More]
Defence scientists ready for China’s ‘grey’ warfighting
18 September
China’s use of “grey zone tactics” has been called out at a summit as Australia’s defence scientists work to get new weapons into service as quickly as possible. Defence Minister Richard Marles has launched a new strategy he says will...[Read More]
Emerging markets could miss out on AI wins: World Bank
12 September
The rise of generative artificial intelligence could exacerbate global inequality and leave emerging markets behind, World Bank group president Ajay Banga warns. The head of the development bank said he saw enormous potential in the technology to...[Read More]
A tougher jobs market is becoming top concern playing on consumer minds
12 September
Fears of a tougher jobs market is starting to muscle out cost-of-living pain as the top concern playing on consumer minds. Less chatter about interest rate hikes, tax cuts and power bill rebates from state and federal governments has boosted...[Read More]
Plum market as trade deal reached with Vietnam
11 September
Horticulture producers say Vietnam is a plum market for their produce, as the Albanese government confirmed the reopening of the Southeast Asian market. After two years of negotiations between the Australian and Vietnamese governments, market access...[Read More]
Market Update – 2 September 2024 [Video]
2 September
Inflation is lingering above the target range for the RBA - and may defer the opportunity for the RBA to reduce interest rates. The US sharemarket continues trending upwards - influenced by returns from large global technology...[Read More]
Cost-of-living relief to show up in inflation readout
29 August
Energy rebates handed out to all households are expected to influence monthly inflation figures due for release this week. Wednesday’s consumer price index from the Australian Bureau of Statistics is tipped to show a sharp decline in headline...[Read More]
PM lays down budget challenge on coalition cuts
29 August
The prime minister has challenged the opposition to detail planned budget cuts should the coalition win government, after it said it could make “significant” reductions in spending. Shadow treasurer Angus Taylor flagged that the coalition has...[Read More]
Pacific seasonal workers to receive family support
29 August
The Australian government will spend $8 million assisting Pacific workers and their families managing separation through the PALM scheme. Around 35,000 workers are recruited by Australia from the Pacific and East Timor through the Pacific Australia...[Read More]
International student enrolments capped at 270,000
28 August
The number of international students coming into Australia could be capped at 270,000 in 2025, as the government attempts to reduce migration levels. This will cover 145,000 enrolments at public universities, 95,000 foreign student commencements in...[Read More]
Long COVID cost economy $9.6b in lost work hours
22 August
More than one million Australians who contracted long COVID at the height of the pandemic cost the national economy almost $10 billion in lost productivity. Academics from the Australian National University (ANU), University of NSW (UNSW) and...[Read More]
Australia, Qatar talk Gaza ceasefire during PM’s visit
21 August
Australia’s foreign minister and Qatar’s prime minister have discussed a ceasefire proposal to end hostilities in Gaza as the humanitarian crisis worsens. Penny Wong hosted Mohammed bin Abdulrahman bin Jassim Al Thani at Parliament House on...[Read More]
Avian flu key focus of new biosecurity hub
21 August
The containment of future avian flu outbreaks will be a priority of a new $30 million biosecurity hub aimed at safeguarding Australian food and farms. The new hub was officially launched on Tuesday in Canberra. The Charles Sturt University backed...[Read More]