Economy

Nest egg image. | Newsreel

Australia’s superannuation nest egg tops $4 trillion

Australians now have more than $4 trillion squirreled away in superannuation funds. The Australian Prudential Regulation Authority (APRA) Quarterly Superannuation
Read more 28 November 2024
Man with light bulb. | Newsreel

Cheap electricity keeps annual inflation rate stable

Annual inflation remained steady at 2.1 percent in October, supported by a continued fall in electricity prices. Australian Bureau of Statistics (ABS) head of prices
Read more 27 November 2024
Skills training On Country in Northern Territory. | Newsreel

On Country training boosts remote workforce

A training program in the Northern Territory is creating a skilled local workforce to counter the tyranny of distance in Australia’s Top End. The program, run by
Read more 26 November 2024
Female business owner in a store. | Newsreel

Social impact important for female business owners

Many women are driven by social impact and work flexibility when they start up their own small businesses. A new Westpac study has also found that 91 percent of female
Read more 25 November 2024
Copper mine and processing plant. | Newsreel

Tax incentives for hydrogen and critical minerals production

Legislation to provide tax incentives to the hydrogen and critical minerals industries will be introduced into Federal Parliament today. Federal Resources Minister
Read more 25 November 2024
Australian cash. | Newsreel

Future focus on housing, energy and infrastructure

The Federal Government has shifted the investment focus of the nation’s multi-billion-dollar sovereign wealth fund. Treasurer Jim Chalmers said a new Investment
Read more 22 November 2024
Earth graphic in field. | Newsreel

Claims GDP is an outdated measure of policy impact

Scientists are urging governments to ditch GDP as an indicator of policy success and adopt a more wholistic measure of the health of an economy. A research paper out of
Read more 20 November 2024
Man in business planning meeting. | Newsreel

Aussie start-ups optimistic about 2025

A large majority of Australian start-ups are confident about their prospects in 2025, despite a challenging fundraising climate. A new survey from Angel Investment
Read more 20 November 2024
Man spraying money. | Newsreel

Nation’s monthly wages bill tops $100b

Australia’s monthly wages bill has topped $100 billion for the first time. New figures released by the Australian Bureau of Statistics (ABS) show total wages and
Read more 20 November 2024
Cyber crime graphic. | Newsreel

A cybercrime reported every six minutes in Australia

Australians reported cybercrimes at a rate of one every six minutes over the past year. The annual Australian Signals Directorate’s (ASD) Cyber Threat Report has shown
Read more 20 November 2024