These three economic facts point to big spending in the federal budget, economist says
In the lead-up to the 2021 budget, three notable economic facts — about which no speculation is required — loom large.
Indigenous businesses: The economic power, strength and diversity among an overlooked sector
Each year, Indigenous businesses bring in at least $4.9 billion; now first of its kind research reveals the extent of the economic power and diversity of this sector.
Frydenberg says the budget will spend big to boost the economy. Here’s what SMEs want to see
Treasurer Josh Frydenberg has signalled the government will not skimp on state spending or increase taxes in the upcoming federal budget.
Tasmania tops the states for economic performance, and WA jumps to its highest rank in six years: CommSec
Tasmania and the ACT are the best performing economies in the country while Western Australia has jumped to its highest rank in six years, new CBA data shows.
Unemployment could soon be higher than 7%. Here’s why
It’s not just the end of JobKeeper that will push up unemployment in April. Here are the other changes causing the rise.
Budget 2021: Low and middle income earners set to receive tax offset for another year
Low and middle income earners are set to continue receiving a temporary tax cut for another 12 months, as part of a budget plan to maintain confidence in the economy.
Global supply chains better for Australian economy than protectionist trade policies: ABARES
New research has found Australia will continue to benefit from international supply chains despite the risks posed by global economic shocks.
Fair Work Commission supports 10% pay rise for early childhood teachers
If the pay rises are implemented, it is anticipated that approximately 12,000 early childhood educators in about 8000 long day care centres will benefit from the change.
“Not even close”: Despite no international travel, the airline industry hasn’t collapsed
Globally, the main reason for the lack of large-scale airline bankruptcies has been government assistance.
Why fostering entrepreneurial spirit has never been more important to Australia’s future
It has never been more important to embrace innovation, foster entrepreneurship and support the role of the startup ecosystem in delivering economic growth and job creation.
The contactless paradox: Australians are holding “more cash than ever”
Bizarrely, Australians are amassing more cash than ever — even more so during the pandemic.
Peter Strong: Now JobKeeper has ended, we need to help small businesses find staff again
JobKeeper kept many small businesses alive, kept millions of people in jobs and saved the economy, but it's now time for a new conversation.
