Economy

Woman filling up car with petrol. | Newsreel

Petrol prices drop to a three-year low

Petrol prices across Australia have hit a three-year low, while Brisbane motorists had to tolerate the biggest gap between retail and wholesale prices in the
Read more 26 February 2025
Light bulbs. | Newsreel

Queensland rebates’ power over inflation numbers fade

The tailing off of Queensland State Government electricity rebates lifted inflation in a key sector last month, according to Australian Bureau of Statistics (ABS). ABS
Read more 26 February 2025
Wheat harvest Australia. | Newsreel

Drier weather drops winter crops by 27 percent

Drier conditions has led to a more than 25 percent dip in Australia’s winter crop production figures. The latest Australian Bureau of Statistics (ABS) data shows the
Read more 26 February 2025
Trainee doctors. | Newsreel

More guidance needed on future medical workforce

A lack of insight into the required make-up of Australia’s future medical workforce has sparked a call for a new national planning body. The Australian Medical
Read more 25 February 2025
Nest egg Australia. | Newsreel

Aussie retirement savings set to be second only to US

Australia’s collective retirement nest eggs will become the second largest in the world in less six years, according to new analysis. Super Members Council (SMC)
Read more 25 February 2025
Brisbane. | Newsreel

Brisbane poised to be a lifestyle supercity

Brisbane is set to leverage the current energy running through the Asia-Pacific and use the 2032 Games as a springboard to become a lifestyle supercity. A new report,
Read more 24 February 2025
Medicare card Australia. | Newsreel

What the bulk billing announcements mean for patients

By Stephen Duckett Labor has foreshadowed a major Medicare change to address the falling rate of bulk billing, with an $8.5 billion election announcement. The Government
Read more 24 February 2025
Farm workers. | Newsreel

United call for labour hire regulator in ag sector

Unions and business have united to urge beefed up oversight of employment practices in Australia’s agriculture sector. A report commissioned by Woolworths and the
Read more 24 February 2025
Female worker. | Newsreel

Women drive January employment numbers

Unemployment ticked up to 4.1 percent in January, according to the latest data from the Australian Bureau of Statistics (ABS). ABS Head of Labour Statistics Bjorn Jarvis
Read more 20 February 2025
Australian money. | Newsreel

Annual wage growth drops to 3.2 percent

Recent wage growth has slowed, with increases returning to 2022 levels. Data released by the Australian Bureau of Statistics (ABS) today showed the Wage Price Index
Read more 19 February 2025