Economy

Manager in factory. | Newsreel

Industry leaders flag weak outlook for 2025

Leaders of Australian industry are scaling back long-term investment plans as they remain pessimistic about the country’s economic prospects for 2025. The latest
Read more 28 January 2025
Mining Queensland. | Newsreel

Queensland momentum challenges western dominance

A surging Queensland economy has improved its position in the State rankings, just falling short of pipping Western Australia for the top spot. The CommSec State of the
Read more 28 January 2025
Woman with robots in factory. | Newsreel

Youth value manufacturing jobs … for someone else

Young Queenslanders value the impact of the manufacturing industry on society, but are reluctant to work in the field they perceive as hard and repetitive. Recent
Read more 28 January 2025
Woman outside block of units. | Newsreel

ABS elevates strata managers as shortage exposed

An Australian Bureau of Statistics (ABS) decision has provided hope a critical shortage of strata managers, sparked by more Australians opting for high-density living,
Read more 28 January 2025
Queensland Rail train at station. | Newsreel

Rail and road funding critical to busting Coast congestion

A decision to place funding to complete the Sunshine Coast Direct Rail on the backburner has raised the ire of Sunshine Coast Mayor Rosanna Natoli. Mayor Natoli said
Read more 28 January 2025
Home owners with keys. | Newsreel

Stamp duty abolition first task for Parliament

Abolishing stamp duty on new homes for first home buyers will the first order of business when Queensland Parliament resumes next week. Premier David Crisafulli said the
Read more 26 January 2025
Gas extraction, Northern Territory, Australia. | Newsreel

Oil and gas activity lifts business turnover

Business turnover in Australia jumped two percent in November, driven by a strong mining sector. Australian Bureau of Statistics Head of Business Statistics Robert Ewing
Read more 24 January 2025
Builder with apprentice. | Newsreel

$10,000 apprentice payments incentivise completions

A new $10,000 incentive payment for apprentices is an acknowledgement of the need to address the tradie shortage to overcome Australia’s housing crisis. Master
Read more 24 January 2025
Debt graphic. | Newsreel

Queensland debt set to soar to $218 billion

Queensland Government debt is forecast to hit $218 billion by 2027-28. In delivering a Mid-Year Fiscal and Economic Review, State Treasurer David Janetzki said capital
Read more 23 January 2025
Ben Stiller tries his hand at coalmining in Zoolander - Newsreel

One third of workers are in mismatched jobs

Around one third of workers around the world are doing jobs mismatched to their qualifications, skills and fields of study. A report, released by the OECD this week,
Read more 23 January 2025