Aussie e-commerce merchants contribute billions to GDP, but exports lag behind: Shopify
Australian entrepreneurs in the Shopify system contribute a greater share to national GDP than every nation bar the US and UK, the ecommerce platform says, but are failing to capture the export opportunities of competing nations.
Inflation is back at record highs. Here’s where prices are rising, and where some are dropping
Even as the full effects of 2022's rate rises are yet to be felt, it looks like we're heading towards even more in 2023.
Breaking down gender norms would mean $128 billion more in GDP each year: Deloitte report
Breaking down entrenched gender norms in Australia could unlock $128 billion per year in the economy and 461,000 additional full-time employees.
Budget 2022: A turning point as challenges mount for small businesses
The 2022-23 federal budget crystallises what many in the business community are already feeling: times are turning for the worse.
Budget 2022: 10 things we know about Labor’s “wellbeing” budget and support for businesses
A lot can change in six months. Just ask Treasurer Jim Chalmers, who will on Tuesday deliver a vastly different federal budget to the economic roadmap laid out by the Coalition in March.
Australia’s June quarter accounts show GDP is doing well, but economic management is about to get harder
Australia’s economy is now more than 5% bigger than it was before COVID-19, a better performance than most comparable economies.
A recession isn’t “imminent”, US Treasury chief says, as the Australian market watches on
There is no guarantee America will lean into a recession, the nation's Treasury Secretary Janet Yellen says, as spiking inflation and dwindling consumer confidence stoke fears of a broad-scale downturn.
Women ‘doing it all’ is a myth. It’s time for business and government to step up and help
It’s time we recognise the notion of women ‘doing it all on our own’ for what it is. A myth. An impossible fiction that's damaging to women’s identities and demeaning to our value.
Australia’s economy is on the up, but the IMF forecasts a sharp fall is coming in 2023
While the Australian economy is currently powering along, the International Monetary Fund has confirmed that 2023 is going to be a return to business as usual for Australia — pre-pandemic business, that is.
Australia’s economy bounced back in the December quarter, but could it continue?
Australia’s economy bounced back a welcome 3.4% in the December quarter of 2021, more than reversing the 1.9% lockdown-related decline in the September quarter.
China’s economy is still growing, but internal challenges could halt its momentum
For China's economy to continue to grow rapidly it will need to invest further in its human capital, and ensure there is a stable and predictable legal regime.
Sydney’s ongoing lockdowns will see inflation data spike as growth continues to drag down
A big inflation number is expected tomorrow — right as Australia's growth is about to vanish. It's a dose of something we haven't seen much of since the 1970s.
