Economy

HomeEconomy

Person putting money in piggy bank. | Newsreel

More Aussies growing savings through spending cuts

Half of all Australians cut back on dining out and trips to the cinema over the last quarter to counter cost-of-living pressures, but more people are now opting to bank

Aussie dollar hits five-year low, but don’t panic

By John Hawkins You may have seen stories the Australian dollar has “plummeted”. Sounds bad. But what does it mean and should you be worried? The most-commonly

RIC review keeps farm business loan rate at 5.18%

Australian farmers have another six months of certainty in servicing loans with the Regional Investment Corporation (RIC) leaving its concessional farm business loan

Billions to upgrade entire NBN to FTTN by 2030

An extra $3.8 billion will be invested in the National Broadband Network (NBN) to ensure the entire network is fibre-to-the-node (FTTN). Prime Minister Anthony Albanese

$2.7 billion price tag on back-to-school purchases

Back-to-school spending is tipped to inject around $2.7 billion into the Australian retail economy. New research by the Australian Retailers Association (ARA) found the

Bank data reveals summer holiday hotspots

Iconic Sunshine Coast and Gold Coast beaches enjoyed some the largest holiday spends in the country, according to the National Australia Bank. Analysis of NAB’s

Insomnia risk rises for desk-bound workers

Desk-bound employees are much more likely to develop insomnia than non-sedentary workers. A study conducted by the University of South Florida found that people whose

Retailers cash in on “Black November” sales

November’s Black Friday sales boosted Australia’s retail turnover by almost one percent across the month. Australian Bureau of Statistics (ABS) data, released today,

Five-year window to upskill thousands of workers

Almost a quarter of current jobs are expected to “fundamentally change” withing five years, sparking an urgent call to reskill the Australian workforce. The 2025

The top five scams to look out for in 2025

Australians need to be on the lookout for artificial Intelligence (AI)-driven scams and a new-level of dodgy cryptocurrency investment offers this year. In a warning to

Subscribe to our newsletter

Newsletter