Economy

HomeEconomy

Australian drop in household income worst in OECD

Australia recorded the largest drop in household income of any OCED country last year. The latest figures from the Organisation for Economic Co-operation and Development

Global export restrictions on critical minerals skyrocket

As global demand for critical mineral spikes, more countries are imposing export restrictions on the valued commodity. A new OECD report showed, in 2023, over 500 new

‘Finfluencers’ the new sharks at tax time

The rise of ‘finfluencers’ has promoted a warning from Australia’s accountants as tax time looms. CPA Australia is urging tax payers to beware of online financial

Quarter of Australians skipping work breaks

More than a quarter of Australian employees don’t take breaks during their work day, according to a new survey. Conducted by workplace supplies business COS to

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

Subscribe to our newsletter

Newsletter