Container ship at sea. | Newsreel

$52.4b current account deficit largest since 2016

Australia’s current account deficit was $52.4 billion last year, the largest in almost 10 years. The latest Australian Bureau of Statistics (ABS) data, released today,
Read more
University students. | Newsreel

Overseas student numbers back to pre-COVID levels

The number of overseas students enrolled in Australian schools has returned to pre-COVID levels. The latest Australian Bureau of Statistics (ABS) data, released today,
Read more
Rural Australia. | Newsreel

Nature’s economic benefit measured for the first time

Australia’s ecosystems contribute at least $85 billon in value to the national economy, according to a first-of-its-kind report. The Australia Bureau of Statistics
Read more
Flooded town. | Newsreel

Insurers call for $30 billion fund for flood defence

Australia’s insurance industry has proposed a $30 billion fund to protect some of the country’s most flood-prone areas. In its policy recommendations in the lead up
Read more
Australian cash. | Newsreel

Most Australians want cash mandate for businesses

Nearly every Australian supports a government mandate for businesses to continue to accept cash. A survey by consumer group Choice found 97 percent of Aussies thought it
Read more
Piggy bank Australia. | Newsreel

Should you worry super is invested in private markets?

By Mark Melatos If you are a member of a super fund, some of your long-term savings are probably invested in private markets. Public markets are familiar to most of us
Read more
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
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
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
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