Long-term unemployment down 40 percent - Newsreel

Unemployment rate drops back to 4.3 percent

Unemployment eased last month with more unemployed people moving into employment compared to what is typical for this time of year. The latest Australian Bureau of
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Gen Z losing hope of ever having financial security

More than half of Australia’s Gen Z cohort believe they will never achieve financial security in their lifetime. Results of the 2025 Australian Youth Barometer found
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Aerial shot of housing. | Newsreel

Investment loans hit record numbers and value

The number of new investment loans in Australia has hit a three-year high. New Australian Bureau of Statistics (ABS) data showed new investment loans rose by 13.6
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Fraser Coast train welding robot an Australian first

Australia’s first train welding robot is being installed at a Queensland manufacturing hub on the Fraser Coast. State Manufacturing Minister Dale Last the cutting-edge
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Record manufacturing numbers drive business turnover

Australian manufacturing recorded a record 7 percent increase in business turnover in September. The latest Australian Bureau of Statistics (ABS) data showed overall
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ASIC warning over advice on self-managed super funds

A regulatory review of financial advice regarding setting up self-managed super funds (SMSFs) found more than quarter put Australians’ retirement savings at
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Hughes David

Backflip on super tax reform a more realistic outcome

By David Hughes Federal Treasurer Dr Jim Chalmers has announced a significant shift in the Commonwealth Government’s approach to the so-called Div 296 tax on
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People in job queue. | Newsreel

1.2 million Aussies wanted a job last year

Long-term health conditions prevented around 700,000 Australians from finding a job in the last financial year. New Australian Bureau of Statistics (ABS) data showed
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Couple Christmas shopping. | Newsreel

Solid spending data lights up Xmas expectations

Australian retailers are looking forward to a positive Christmas season with retail spending figures solid over the past year. Australian Retailers Association (ARA) CEO
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Interest rate graphic. | Newsreel

RBA holds interest rates at 3.6 percent

The Reserve Bank of Australia (RBA) has held rates steady at 3.6 percent following its Melbourne Cup day meeting. The RBA statement on its decision said: Inflation has
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