Economy

HomeEconomy

Business turnover figures maintain momentum

Business turnover continued its upward trend in March, according to the latest Australian Bureau of Statistics (ABS) data. ABS Head of Business Statistics Robert Ewing

Fake products close in on $750 billion in sales

The global trade in fake good is approaching $750 billion each year, with a new OECD report providing fresh insights into the illegal activity. OECD Secretary-General

Living cost increases hit every household type

All Australian households experienced increases in the cost of living last quarter, with welfare recipients the hardest hit. The latest Australian Bureau of Statistics

Finance stars converge for Queensland summit

A raft of leading finance executives will share their insights at this year’s Queensland Finance Summit. Hosted by the Queensland Futures Institute (QFI), the summit,

Millions opt out of Mother’s Day celebration

Almost three million fewer Australians are expected to celebrate Mother’s Day on Sunday, compared to last year. A survey by the Australian Retailers Association (ARA)

Household spending and building approvals take a hit

Both household spending and housing approvals fell in March. The latest Australian Bureau of Statistics (ABS) data shows household spending fell 0.3 percent, while the

Cyclone Alfred gives then takes away in retail figures

Queensland residents stockpiling in the lead-up to Tropical Cyclone Alfred was not enough to prevent a drop in retail turnover in the State in March. The latest

50,000 visitors to bring magic and $50 million

Brisbane is bracing itself for an influx of 50,000 visitors as the National Rugby League (NRL) rolls into town. A four-day footy festival kicks off tonight with the

Time to wake up to $75 billion sleep problem

The annual economic impact of sleep-related health issues in Australia is growing, soaring past $75 billion. A new report, led by Flinders University, revealed that

Inflation drops despite Brisbane-based power spike

Australia recorded its lowest annual inflation rate since late 2021, despite a large quarterly rise. Australian Bureau of Statistics (ABS) Head of Prices Statistics

Subscribe to our newsletter

Newsletter