Business

Business turnover indicator, 13-industy aggregate, trend Mar 2025

Sustained growth in business turnover figures

Business turnover in Australia is showing signs of sustained growth, despite ongoing challenges in the mining sector. The latest Australian Bureau of Statistics (ABS)
Read more 13 March 2025
Bluescope steelworks Port Kembla, Australia. | Newsreel

First US tariff hit minor, but beware of ripple effects

By Lisa Toohey “Unjustified” and “not the way that friends and allies should be treated”. That’s how Prime Minister Anthony Albanese and Foreign Minister Penny
Read more 13 March 2025
Cranes at construction site. | Newsreel

Productivity Commission to probe construction industry

Legislation to create a new Queensland Productivity Commission has passed State parliament. Treasurer David Janetzki said the new Commission would aim to cut unnecessary
Read more 13 March 2025
Woman eating apple. | Newsreel

Aussie diets in downward spiral as fruit falls out of favour

Fruit is disappearing from Australian diets, sparking a health warning from the national science agency. A new CSIRO study found Australians’ eating habits were on
Read more 13 March 2025
Federal Court of Australia. | Newsreel

ASIC accuses AustralianSuper of death benefit delays

Australia’s largest superannuation fund is being accused of delaying death benefits claims for nearly 7000 of its policyholders. The Australian Securities and
Read more 13 March 2025
Truck being loaded. | Newsreel

State expands 24-hour resupply emergency declaration

An emergency planning declaration, which allows the 24-hour resupply of essential businesses in the aftermath of Tropical Cyclone Alfred, has been expanded. Deputy
Read more 12 March 2025
Cyber attack icons. | Newsreel

Not-for-profits grapple with rising cyber risks

Almost 20 percent of Australian not-for-profit organisations reported a cyber security breach last year, with social service groups the hardest hit. The Australian
Read more 12 March 2025
Migrant students. | Newsreel

Student accommodation pipeline adds thousands of beds

More than 11,000 student-specific beds are currently under construction in Australia, as the industry looks to ease the pressure on the private rental market. The latest
Read more 12 March 2025
Poppy field, Tasmania, Australia. | Newsreel

Tassie poppy fields key to local pain meds industry

Tasmania’s poppy fields should be better leveraged to create an Australian-based pain medication manufacturing industry. While welcoming a Federal Government
Read more 12 March 2025
Young couple given keys to home. | Newsreel

Report reveals impact of cutting property tax breaks

Reducing tax incentives for property investors would lower home prices by the same amount as increasing supply through current government plans. A new report from the
Read more 12 March 2025