Billion-dollar hit to agricultural production in 2025-26
The drought in southern Australia is expected to lead to a drop in Australia’s agricultural production of more than $2 billion in the next financial year.
The latest
Read more3 June 2025Economy
Push to localise supply chains a risk to global GDP
Global moves to on-shore manufacturing and production could undermine, rather than strengthen, supply chain resilience, according to the OECD.
In its latest Supply Chain
Read more3 June 2025
Queensland comeback not enough for retail figures
A Queensland bounce-back was not enough to stop national retail figures slipping into the red in April.
The latest Australian Bureau of Statistics (ABS) data showed
Read more2 June 2025
Numbers behind interest rates cuts and house price rises
By James Graham
With the Reserve Bank of Australia easing monetary policy, interest rates are on the way down.
Already this year, mortgage pre-approvals had begun to
Read more2 June 2025
Hidden cost of Aussie food production highest in world
The first stocktake of Australia’s $800 billion food system has revealed we have the highest per capita hidden costs of any food sector in the world.
The CSIRO report
Read more2 June 2025
Miners lead 8.6 percent drop in company profits
The profits of Australian mining companies fell by almost 30 percent last financial year, according to the latest Australian Bureau of Statistics (ABS) data.
ABS Head of
Read more30 May 2025
Agriculture sector defiant in face of adversity
Australia’s agriculture sector remains on track to be a $100 billion industry by 2030, despite the increased prevalence of natural disasters and other headwinds.
A new
Read more29 May 2025
Inflation steady, but egg lovers cop a beating
Australia’s inflation remains steady and within the Reserve Bank of Australia’s target band of between two and three percent.
The latest data from the Australian
Read more28 May 2025
OECD warns of a surge in global steel excess
The rising global excess of steel has promoted a warning form the world’s largest economic organisation.
The latest OECD Steel Outlook report has urged countries to
Read more28 May 2025
As retirement dream fades, ageism comes into focus
Younger Australians believe they will never be able to retire, with the revelation raising concerns about increasing ageism in the workforce.
A survey by Australasian
Read more28 May 2025