RBA slashes interest rate to a new record low to boost jobs
The RBA has slashed the official interest rate to a record low of 0.1% and eased other monetary policy to boost the national economy.
“Things are pretty grim still”: Today’s interest rate cut is about access to capital, not cheap capital
The Reserve Bank of Australia is widely expected to announce a historic interest rate cut. But what does that mean for small businesses?
Climate change could cost about 310,000 jobs annually, according to new Deloitte report
Climate change could reduce Australia’s economic growth by 3% per year and cost about 310,000 jobs annually if left unchecked, says Deloitte Access Economics.
How policymakers are using ‘artificial societies’ to test COVID-19 responses
Computational social science is integral to Australia's COVID-19 response, allowing policymakers to trial policies on artificial societies.
Startup funding in Australia sees 50% dip, as investors remain cautious during COVID-19
Startup funding activity in Australia is trending down again, with deals down almost 50% for Q3, compared to 2019.
JobMaker not suited to most SMEs, as Treasury estimates hiring credits will create 45,000 jobs, not 450,000
The federal government’s JobMaker hiring credit is not suited to many SMEs, which are still in a recovery phase, according to CPA Australia.
“Confused and inadequate”: Business groups slam inaction on Melbourne reopening, as state records zero new cases
Business groups have reacted with anger and disappointment after Dan Andrews failed to announce any further easing of restrictions yesterday.
Tassie economy outperforms the pack, as borders reopen and events plan is rolled out
Tasmania is leading the pack of Aussie states and territories in terms of economic performance, as the COVID-19 pandemic continues.
Investing in childcare and aged care would boost GDP by $30 billion… and almost pay for itself
Modelling shows investing in childcare and aged care would have a significant economic payoff, boosting per-person annual GDP by $1,270.
The budget might promise “jobs, jobs, jobs”, but it overlooks workers in the gig economy
While the budget allocates billions to getting Australians back into traditional employment, it does little for gig economy workers.
As a wave of insolvency approaches Australia’s shore, business owners should prepare to exit gracefully
From December 31, businesses will snap back into the sights of creditors — an issue keeping many owners awake at night.
The budget sets us up for an unreasonably slow economic recovery, says Grattan Institute
Josh Frydenberg has repetedly said the 2020 budget is “all about jobs”, but he hasn't drawn attention to his economic recovery timeline.
