Economy

Construction workers. | Newsreel

New employment laws drive spike in collective bargaining

A report on the impact of new Federal employment laws has shown an increase in collective bargaining and real wages since the legislation was passed, but has been
Read more 5 February 2025
Border between the USA and Canada. | Newsreel

Australia won’t avoid fallout from Trump tariff tirade

By Scott French In a hectic 24 hours of trade diplomacy, US President Donald Trump has paused his threatened 25 percent tariffs on US imports from Canada and Mexico,
Read more 5 February 2025
Couple buying a new car. | Newsreel

Spending trend strong to the end of 2024

Australian households splashed out on new cars and dining out at the end of last year, as spending rose for the third straight month. The latest Australian Bureau of
Read more 4 February 2025
Building under construction. | Newsreel

Unit approvals mask drop in housing projects

A rise in overall dwelling approvals in December masked a drop in housing approvals in most states. The latest Australian Bureau of Statistics (ABS) data showed the
Read more 3 February 2025
Woman under air conditioner. | Newsreel

Tips to keep you cool and drive down summer costs

The battle between keeping cool and managing energy costs is an eternal one every Australian summer. CHOICE has provided some tips to help Aussie get the balance
Read more 2 February 2025
Teacher in classroom. | Newsreel

More students looking for teaching careers

Australia’s pipeline of future teachers has improved with an increase in applications to study education this year, reversing the downward trend of recent years. New
Read more 30 January 2025
Hamilton Island, Queensland, Australia. | Newsreel

Hamilton Island workers underpaid $28 million

Workers on Hamilton Island have received more than $28 million in backpay, following a Fair Work investigation. Fair Work Ombudsman Anna Booth said the operators of the
Read more 30 January 2025
Inflation drop graphic. | Newsreel

Inflation continues to drop, hitting post-COVID low

Australia’s annual CPI inflation rate has dropped to 2.4 percent, with the rises in the second half of last year the lowest since COVID. Australian Bureau of
Read more 29 January 2025
Disabled employee and colleague. | Newsreel

Centre of Excellence to advance disability employment

A $22m Centre of Excellence will be established to advance the disability employment sector in Australia. Swinburne University of Technology will partner with the
Read more 28 January 2025
Small business owners on computer. | Newsreel

Small businesses turn to tech to tackle costs

Small business owners plan to turn to tech in 2025 to combat rising costs. This year’s NAB Economics Business Insights survey found three quarters (76 percent) of
Read more 28 January 2025