Economy

Help wanted sign | Newsreel

Queensland bucks national job vacancies trend

The Queensland labour market tightened in August, as the rest of the country saw a continued fall in job vacancies. The latest Australian Bureau of Statistics (ABS)
Read more 26 September 2024
Happy couple looking at computer. | Newsreel

Australians another $250 billion wealthier

Australian household wealth continues to rise, with $250 billion added in the June quarter of this year. Australian Bureau of Statistics (ABS) figures showed the 1.5
Read more 26 September 2024
Female electrician. | Newsreel

33,000 more jobs set to power energy transition

Electrical jobs are predicted to double in five years, with calls to lift training and diversity in the sector to overcome a skills shortage. A new report from the
Read more 26 September 2024
The fortunes of young women are on the rise in the workplace - Newsreel

Workplace fortunes of women on the rise

Signs are emerging that the dominance of women in higher education is finally flowing through to income. The Financial Times reported this week that, in the United
Read more 26 September 2024
Global business graphic. | Newsreel

OECD predicts stable growth as global inflation eases

The global economy has turned the corner, with inflation easing and real incomes improving around the world. The OECD‘s Interim Economic Outlook found global
Read more 26 September 2024
Industrial robot numbers are growing rapidly - Newsreel

Global robot population growing rapidly

The number of industrial robots in the world has more than tripled in the past 10 years with half a million new units coming online in the last year alone. The latest
Read more 26 September 2024
Greenwashing graphic. | Newsreel

Court hands down $12.9m greenwashing fine

Australia’s largest penalty to date for greenwashing has been handed down by the Federal Court. In the judgement, Justice Michael O’Bryan ordered Vanguard
Read more 25 September 2024
Father and child with fairy lights. | Newsreel

Inflation lowest in three years at 2.7 percent

Australia’s inflation rate is the lowest in three years, dropping to 2.7 percent in August. A day after the Reserve Bank decided against an interest rate cut due to
Read more 25 September 2024
Interest rate graphic. | Newsreel

Reserve Bank keeps interest rates steady

Interest rates remain unchanged as the Reserve Bank of Australia (RBA) left the cash rate target at 4.35 percent following its meeting today. In a statement it said
Read more 24 September 2024
Business confidence remains low in Queensland - Newsreel

Queensland business sets unwelcome 30-year record

Business confidence in Queensland remains weak as operating costs and labour challenges take their toll on companies. Business Chamber Queensland CEO Heidi Cooper said
Read more 24 September 2024