Economy

Woman on phone and woman shocked looking at credit card. | Newsreel

Banks falling short in scam response

A third of scam victims never report the loss to their bank out of embarrassment or the belief nothing will be done. A recent CHOICE report also found about half of
Read more 1 June 2024
Woman providing support to another woman woman

Long-term funding response to domestic violence

A $36 million funding boost to help prevent domestic violence in Queensland, delivered in April, will not be a one-off, with that amount set to be embedded in future
Read more 31 May 2024
New housing development. | Newsreel

April building approvals fall from March spike

Australian housing approvals fell by 0.3 percent in April, after a 2.7 increase in March, according to Australian Bureau of Statistics (ABS) figures released today. ABS
Read more 30 May 2024
Small business owner on phone. | Newsreel

$250m boost to small business support

Queensland small businesses will have a $250 million support package to access over the next three years. Launched today in Far North Queensland, the State’s Small
Read more 30 May 2024
Scam texts on mobile phones. | Newsreel

80% of Aussies hit with scam texts weekly

More than 80 percent of Australians receive at least one scam text every week, with fake shipping or package delivery messages the most common. New research,
Read more 30 May 2024
Stress bragging hurts careers - Newsreel

Complaining workers harming their careers

Workers who constantly “brag” that they are stressed and overworked are harming their reputations and careers. New research from the University of Georgia
Read more 30 May 2024
Annual inflation at 3.6 percent in April - Newsreel

Inflation remains stubbornly high at 3.6%

Australia’s inflation rate remains stubbornly high and outside the zone where the Reserve Bank is likely to reduce interest rates. April Consumer Price Index data,
Read more 29 May 2024
Australians the biggest buyers of clothes - Newsreel

Australia tops clothing purchase rankings

Australians have become the world’s biggest per capita purchasers of clothes, according to new research released today. The Australia Institute think tank says we have
Read more 29 May 2024
Consumers still being cautious with their spending - Newsreel

Cautious consumers hold back spending

Retail spending in Australia remains sluggish as cautious consumers continue to grapple with cost of living pressures. Seasonally adjusted retail turnover data, released
Read more 28 May 2024
China has successfully tested flying taxis - Newsreel

China puts flying cars on economic agenda

China is aiming to be the first country in the world to allow flying taxis. This follows the Chinese Government’s declaration that a “low-altitude economy” is now
Read more 27 May 2024