Josh Frydenberg has an opportunity to crush unemployment and transform Australia
Josh Frydenberg has the opportunity to become a transformational Australian treasurer if he is willing to go for broke on unemployment.
Small business might be key to Australia’s recovery, but a collective effort is required
Australians believe small and medium enterprises have the potential to drive our recovery post-COVID-19, but a collective effort from government, business and consumers is needed to help them thrive.
Returning the economy to where it was pre-COVID-19 is nowhere near good enough: Ross Garnaut
"Talk about returning the economy to normal after the crisis is misguided. Before the crisis, normal was nowhere near good enough," says Ross Garnaut.
Despite a surge in the number of Australians buying their first home, research shows this trend will be short term
In July 2020, the number of home loans provided to first-home buyers exceeded 10,000 for the first time in 10 years. But this trend will be short term.
Will the Reserve Bank turn the cash rate negative? And what will happen if it does?
Australia's cash rate has always been positive — at times very positive. But there’s no reason why it couldn’t be negative.
Australia’s economic forecasters are suddenly optimistic about 2021
The unemployment rate is now expected to remain near 6.6% throughout 2021, instead of soaring to almost 10% as economic forecasters expected six months ago.
Childcare costs in Sydney and Brisbane reach record highs
Out-of-pocket childcare costs are 2.4% higher than this time last year, which is twice the inflation rate for all other goods and services.
Aussie share trading platform Stake suffers massive tech outage amid Wall Street GameStop saga
Aussie share trading platform Stake has experienced a tech outage that saw users unable to participate in a massive day on Wall Street.
Tasmania tops the states for economic performance, while NSW slides to its lowest rank in eight years: CommSec
New data reveals Tasmania has the best-performing economy in Australia, with retail spending and population growth pushing it ahead.
“Business was completely lost”: SMEs on frontline as climate change inaction tipped to cost $100 billion annually by 2038
Globally, disasters caused economic losses of $272 billion in 2020, with most losses linked to weather-related disasters such as floods.
Big spending within limits: Why Joe Biden’s economic centrism is just what the US needs
In an age of hyperpartisan politics, the Biden presidency offers a welcome centrism that might help bridge the divides.
With wage growth expected to remain sluggish, here’s what businesses can do to attract talent
A recent report by predicts wage growth will return to a 2% increase in five years because of down-trending inflation rates.