Economy

Two small business owners. | Newsreel

Pre-Christmas hit to Queensland business profitability

Queensland business profits have dropped to their lowest levels since the pandemic. The latest Business Chamber Queensland Pulse survey data showed profitability
Read more 14 December 2024
Group of people. | Newsreel

Australia’s population officially over 27 million

Australia is now officially a country with a population of 27 million. Figures released today by the Australian Bureau of Statistics (ABS) today show Australia’s
Read more 13 December 2024
Women shaking hands. | Newsreel

Unemployment rate drops to 3.9 percent

Australia’s unemployment rate has dipped below 4 percent as a “higher than usual” number of unemployed people found work in November. Th latest Australian Bureau
Read more 12 December 2024
Billy Bob Thornton in Bad Santa - Newsreel

Christmas warning on festive fraud frenzy

Consumers have been warned to be alert to scams over Christmas as a festive fraud frenzy grips the marketplace. The NGM Group, which operates the Greater Bank and
Read more 12 December 2024
Construction is lifting in Queensland but not fast enough - Newsreel

Target to address housing crisis ‘out of reach’

The State Government’s new dwellings target “remains out of reach” and regulatory reforms are necessary to address the issue, a peak construction group
Read more 11 December 2024
Inflation graphic. | Newsreel

Rates on hold. What the RBA Board said

Statement from the Reserve Bank Board At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 percent and the interest rate paid on
Read more 10 December 2024
Sun shining on solar panels. | Newsreel

Renewables drive down turnover for electricity suppliers

An abundance of renewable energy supply led to an almost 10 percent drop in turnover for electricity supply businesses in October. The latest Australian Bureau of
Read more 10 December 2024
Gunggandji-Mandingalbay Yidinji Peoples Prescribed Body Corporate Aboriginal Corporation

FNQ business nation’s best small employer

A Far North Queensland First Nations business has been named the country’s best small employer at the Australian Training Awards. Yarrabah-based
Read more 10 December 2024
Mobile phone payment. | Newsreel

500 million mobile wallet payments in one month

Australians made payments worth more than $20 billion through mobile wallets in October. Australian Banking Association CEO Anna Bligh said the latest Reserve Bank of
Read more 10 December 2024
Traveller at airport. | Newsreel

Extra pressure on visitor numbers to Australia

Projected international visitor numbers to Australia have been revised down as geopolitical, economic and environmental issues combine to take some of the sheen off
Read more 10 December 2024