Latest data shows Australia’s GDP is V-shaped, but there’s no guarantees
The latest GDP data shows Australia’s economy is rebounding, but whether the V-shaped recovery turns into an upward tick remains to be seen.
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.
Investing in training and upskilling will “turbocharge” Australian economy, report finds
Australia was already facing a looming digital skills crisis, and the pandemic has kicked it into overdrive, research has found.
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.
JobKeeper saved 700,000 jobs in early stages of pandemic: RBA
JobKeeper wage subsidies reduced total employment losses by at least 700,000 between April and July, according to a Reserve Bank report.
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.
“A different kind of budget”: Academics and business groups call for an economy that works for everyone, post COVID-19
As we approach an unusual budget time, a consortium of academics, business organisations and communities want an economy that works for all.
eBook: Recession-proof your R&D with cash-flow strategies from industry experts
Download this eBook today to discover what’s next for the Australian economy, how other R&D-focused businesses are maintaining their momentum and weathering the pandemic storm.
Why immigration will play a fundamental role in Australia’s economic recovery
Immigration is key to lifting Australia’s economy out of the red. But is enough being done to encourage people to move to Australia during COVID-19?
Unemployment to hit 9% by Christmas: Treasurer braces small businesses for extended downturn
Treasurer Josh Frydenberg has unveiled a set of sobering economic figures as he prepares to rip billions of dollars in wage support from businesses.
What jobs survive a recession?
What jobs survive a recession? Here are the industries that are supposedly safe during an economic downturn, including learnings from previous recessions.
