Posts tagged "australian economy"

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%.

Australian consumers and workers may benefit from changing economic conditions in 2024, yet retailers can expect hardships to continue, according to Deloitte.

Australia's Southeast Asia Economic Strategy to 2040 sets out ways to expand ties with the fastest-growing economies in the region.

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.

The Australian government hasn’t wholeheartedly and publicly committed itself to full employment since the 1945 Full Employment White Paper.

Small and medium-sized businesses have observed a slowdown in profitability, employment and trading conditions.

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.

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.

Spending cuts have been the focus of budget repair efforts for most of the past decade, so a lot of the low-hanging fruit has already been picked.

With a backdrop of rising inflation and falling wages, the government is facing renewed pressure to rethink its support for Morrison-era tax cuts.

The annual gross state product accounts from the Australian Bureau of Statistics record the equivalent of gross domestic product.

Breaking down entrenched gender norms in Australia could unlock $128 billion per year in the economy and 461,000 additional full-time employees.