Most Australian workers are missing out on significant wage rises despite an increasingly tight labour market, according to new data from th…
Most Australian workers are missing out on significant wage rises despite an increasingly tight labour market, according to new data from th…
The Federal Government has announced a special one-year levy to offset the cost of the Queensland floods, in a move that has been attacked b…
Woolworths has downgraded its half year and full year earnings guidance for 2010-11 despite reporting a 3.8% rise in first half sales to $25…
Consumer sentiment fell by 5.7% in January to 104.6 points as the Queensland floods start to take their toll on the economy. Westpac c…
The devastation of the Queensland floods has quashed earlier predictions of a minimal economic impact, with economists now fearing the flood…
Ongoing interest rates rises and strong exchange rates saw the services sector continue to underperform in December, with the Performance of…
Assistant Treasurer Bill Shorten says there’s no guarantee interest rates will drop in light of the government’s banking reforms, contra…
Australian employment grew by more than 400,000 in the year to November 2010, according to new labour force data. Figures show employm…
Business confidence in November declined for the third consecutive month, down by two points to six points, according to NAB’s Monthly Bus…
Federal Treasurer Wayne Swan says he is keen to see “a new pillar” in the banking system to aid competition. Swan wants credit unions, build…
Small businesses can relax a little over Christmas, with economists ruling out a December interest rate rise due to the Reserve Bank’s rat…
The Reserve Bank of Australia has shocked the market by raising official interest rates by 0.25% to 4.75% this afternoon, citing a looming r…