Economy

Inflation target remains elusive - Newsreel

Inflation spikes to 4.0 percent

Australia’s inflation rate once again has a 4 in front of it. The latest Australian Bureau of Statistics (ABS) data shows the monthly Consumer Price Index (CPI) rose
Read more 26 June 2024
Snorkeling on the Great Barrier Reef. | Newsreel

Tourists pump $90m into economy each day

Visitors to Queensland over the past year spent more than $90 million a day. New figures from Tourism Research Australia show the state’s visitor economy reached $34.1
Read more 26 June 2024
Armaguard truck. | Newsreel

Banks and retailers chip in $50m to support cash carrier

A decline in the use of cash in Australia has led to major banks and retailers stepping in to financially support the private cash transportation sector. An agreement to
Read more 25 June 2024
ATO warns of dangers of filing too-early tax returns - Newsreel

Tax Office warns against over-speedy returns

The Australian Taxation Office has warned that people who lodge their tax returns early are twice as likely to make costly mistakes. ATO Assistant Commissioner Rob
Read more 24 June 2024
Online meetings best when you look straight into the camera - Newsreel

The secret of effective online meetings unlocked

During the COVID-19 pandemic, workers had to make a quick transition to online video meetings. And very quickly they faced a dilemma. Do you look at the other person on
Read more 21 June 2024
Woman and man looking at business charts.

Shades of green in business innovation

A third of Australian businesses which invested in innovation saw environmental benefits. The latest Innovation in Australian Business data from the Australian Bureau of
Read more 20 June 2024
Unpaid migrant workers struggling to recover wages - Newsreel

Migrant workers failing to recover unpaid wages

Migrant workers are struggling to recover unpaid wages due to court process complexity and lack of affordable legal support. The Migrant Justice Institute (MJI) said,
Read more 20 June 2024
Young workers struggle to fit in - Newsreel

Younger workers are struggling to fit in

Younger employers are having difficulty fitting in at work as employment stretches across more generational groups. A study by the American Psychological Association
Read more 20 June 2024
From left, Sunshine Coast Airport CEO Chris Mills, Queensland State Development Minister Grace Grace, Sunshine Coast Mayor Rosanna Natoli

Coast expansion project takes flight

The expansion of the Sunshine Coast Aerospace Precinct has begun, paving the way for a new $18.6m LifeFlight Australia hanger. Sunshine Coast Mayor Rosanna Natoli said
Read more 20 June 2024
Woman worried about a bill. | Newsreel

‘Sexually transmitted tax debt’ warning

An Australian Tax Office push to recoup business debts could lead to domestic violence victims being unjustly pursued. Academics from UNSW Sydney Business School and the
Read more 20 June 2024