Economy

Australian cash. | Newsreel

Future focus on housing, energy and infrastructure

The Federal Government has shifted the investment focus of the nation’s multi-billion-dollar sovereign wealth fund. Treasurer Jim Chalmers said a new Investment
Read more 21 November 2024
Earth graphic in field. | Newsreel

Claims GDP is an outdated measure of policy impact

Scientists are urging governments to ditch GDP as an indicator of policy success and adopt a more wholistic measure of the health of an economy. A research paper out of
Read more 20 November 2024
Man in business planning meeting. | Newsreel

Aussie start-ups optimistic about 2025

A large majority of Australian start-ups are confident about their prospects in 2025, despite a challenging fundraising climate. A new survey from Angel Investment
Read more 20 November 2024
Man spraying money. | Newsreel

Nation’s monthly wages bill tops $100b

Australia’s monthly wages bill has topped $100 billion for the first time. New figures released by the Australian Bureau of Statistics (ABS) show total wages and
Read more 20 November 2024
Cyber crime graphic. | Newsreel

A cybercrime reported every six minutes in Australia

Australians reported cybercrimes at a rate of one every six minutes over the past year. The annual Australian Signals Directorate’s (ASD) Cyber Threat Report has shown
Read more 20 November 2024
Doctors and nurses are in short supply globally - Newsreel

Health staff shortages spark global skills competition

A doctor and nurse shortage is placing extra pressure on global health systems at a time when aging populations are increasing demand for services. The OECD 2024 Health
Read more 20 November 2024
Students in vocational setting | Newsreel

Skills-based qualifications to drive future jobs growth

Nearly all the jobs that will drive employment growth in Australia over the next decade will need more than a high school qualification. The 2024 Jobs and Skills Report
Read more 19 November 2024
Sad woman at chemist. | Newsreel

Cost pressures prevent disadvantaged filling prescriptions

More than 10 percent of Australia’s most vulnerable people have gone without prescribed medication, due to cost, in the past 12 months, according to the latest
Read more 19 November 2024
Australian cash. | Newsreel

Government prepares cash mandate for business

The Federal Government will determine next year which businesses will be required by law to continue to accept cash in an increasingly digital world. Federal Treasurer
Read more 18 November 2024
Using digital funds can lead to less controlled spending - Newsreel

Cash decline is encouraging rash spending habits

The move away from cash is leading to more impulsive and unnecessary purchase decisions, a new study has found. Research from the University of Surrey found that
Read more 18 November 2024