Economy

Business AI Wanan Yossingkum

Responsible AI can deliver 15 percent boost to global GDP

While many Australian businesses are just coming to terms with Industry 4.0, or the Information Age, they are now being urged to embrace the next iteration of Industrial
Read more 20 May 2025
Couple looking at computers. | Newsreel

More Aussies tipped to take the cash if rates fall

As the Reserve Bank of Australia (RBA) contemplates another interest rate cut tomorrow, new data has revealed very few Australians have used previous cuts to access
Read more 19 May 2025
The traits of bad, good and great leaders - Newsreel

Australian economy adds 95,000 workers in April

Almost 100,000 more Australians found work last month, keeping the national unemployment rate at 4.1 percent. The latest Australian Bureau of Statistics (ABS) data shows
Read more 16 May 2025
Couple signing papers with another person. \ Newsreel

Home loan numbers drop by more than 3 percent

The number of new investment loans fell by 3.7 percent in the March quarter, while new home loans fell by 3.4 percent, according to the latest Australian Bureau of
Read more 14 May 2025
Couple worried about bills. | Newsreel

Australian drop in household income worst in OECD

Australia recorded the largest drop in household income of any OCED country last year. The latest figures from the Organisation for Economic Co-operation and Development
Read more 14 May 2025
Raw minerals. | Newsreel

Global export restrictions on critical minerals skyrocket

As global demand for critical mineral spikes, more countries are imposing export restrictions on the valued commodity. A new OECD report showed, in 2023, over 500 new
Read more 13 May 2025
CPA Australia Tax Lead Jenny Wong. | Newsreel

‘Finfluencers’ the new sharks at tax time

The rise of ‘finfluencers’ has promoted a warning from Australia’s accountants as tax time looms. CPA Australia is urging tax payers to beware of online financial
Read more 13 May 2025
Woman taking a break at work. | Newsreel

Quarter of Australians skipping work breaks

More than a quarter of Australian employees don’t take breaks during their work day, according to a new survey. Conducted by workplace supplies business COS to
Read more 13 May 2025
Two small business owners. | Newsreel

Business turnover figures maintain momentum

Business turnover continued its upward trend in March, according to the latest Australian Bureau of Statistics (ABS) data. ABS Head of Business Statistics Robert Ewing
Read more 9 May 2025
Fake watches. | Newsreel

Fake products close in on $750 billion in sales

The global trade in fake good is approaching $750 billion each year, with a new OECD report providing fresh insights into the illegal activity. OECD Secretary-General
Read more 8 May 2025