Australia’s two-speed economy paints a sobering picture for small businesses
Australia's economic health will depend on our ability to address the disparities highlighted by the current two-speed economy.
The state topping the economic charts in Australia, again
More traditionally regarded for the quality of its wine and festivals, this state has once again been recognised as an economic powerhouse for its robust jobs market and strong building activity.
Future Made in Australia will create jobs but it doesn’t go far enough
Expanding the Future Made in Australia program to include other critical industries such as agriculture, food processing and health manufacturing and their supply chains will enhance Australia’s economic resilience and security.
Successful economies are those that re-invent themselves. Australia risks falling behind
History has shown that the most successful economies are those that re-invent themselves when circumstances change. There are considerable challenges ahead for Australia.
RBA lifts cash rate to 4.35%, in “make or break” call for SMEs
Interest rates look set to climb higher, after the Reserve Bank of Australia today decided to raise the official cash rate by 25 basis points to 4.35%.
Green shoots are showing in the Australian economy, but retailers are set for further pain in 2024
Australian consumers and workers may benefit from changing economic conditions in 2024, yet retailers can expect hardships to continue, according to Deloitte.
Open skies, scholarships and less red tape: Albanese pushes new economic growth strategy in Asia
Australia's Southeast Asia Economic Strategy to 2040 sets out ways to expand ties with the fastest-growing economies in the region.
Retail wreckage: Business numbers fall by more than 2,000 as consumer spending slows
The retail sector shed more businesses on a net basis than any other industry sector last year, exposing a harsh environment for established traders and fresh entrepreneurs alike.
What is Australia’s first full employment target and what does it mean for you?
The Australian government hasn’t wholeheartedly and publicly committed itself to full employment since the 1945 Full Employment White Paper.
Small businesses hit the hardest by tumultuous economic conditions
Small and medium-sized businesses have observed a slowdown in profitability, employment and trading conditions.
Recognising migrant qualifications could boost Australian economy by $1 billion
The Billion Dollar Benefit report states Australian economy could benefit to the tune of over $1 billion if more was done to harness the skills of migrants and refugees.
What does the New Zealand recession mean for Australia’s small business sector?
Australia's small businesses can expect tough times ahead even if local economic conditions do not mirror New Zealand's recessionary downturn, according to NAB group chief economist Alan Oster.