Economy

Interest rates kept on hold by Reserve Bank - Newsreel

Reserve Bank keeps interest rates on hold

The Reserve Bank has decided to keep interest rates unchanged despite slower than expected moderation of inflation. The Reserve Bank Board issued a statement today
Read more 7 May 2024
Brisbane river and botanic gardens. | Newsreel

Brisbane poised to be regional powerhouse

Brisbane has multiple advantages over other Australian capitals, as it eyes an economy that is tipped to approach $300 billion within a decade. A State of the City
Read more 4 May 2024
Graphic showing Australia connected with the world. | Newsreel

New risk-based approach to foreign investment

A new risk-based approach to foreign investment will see more scrutiny of investment proposals around critical infrastructure, minerals and technology and a more
Read more 3 May 2024
Home affordability and retirement aspirations are dying in the US - Newsreel

US facing the reality of the dying American Dream

In his autobiography A Promised Land, former US President Barack Obama outlined the core aspirations that united all Americans. Chief among them was that, after a
Read more 1 May 2024
Most workers will not need specialist artificial intelligence skills - Newsreel

Most roles will not require specialist AI skills

Most workers are unlikely to need specialist artificial intelligence (AI) skills but the technology will fundamentally change the work they do. That is the conclusion of
Read more 1 May 2024
Retail spending down in March - Newsreel

Cash-starved consumers cutting back on spending

Retail spending had one of its weakest growth periods on record at the start of 2024 as cash-strapped households further tightened their belts. Spending on clothing,
Read more 30 April 2024
QANTAS plane at Brisbane Airport. | Newsreel

Blue skies as Aussie airports back in the black

Australian airports have emerged from COVID-induced hibernations and recorded their first profits for aeronautical operations since the pandemic. Brisbane Airport joined
Read more 30 April 2024
Doctor and patient in consultation. | Newsreel

Bulk billing needs extra Budget boost

Australian doctors are calling for 20 percent increases in Medicare rebates across a number of services to maintain improved bulk billing numbers. As the Federal
Read more 30 April 2024
TV remote pointed at streaming services | Newseel

More Aussies turning off subscriptions

A third of Australians cancelled subscriptions for streaming devices and other services in the past three months. New data from NAB showed Aussies were re-assessing many
Read more 30 April 2024
Non-compete clauses are under scrutiny - Newsreel

US ban puts non-compete clauses in the spotlight

The future of non-compete clauses in employment contracts is under scrutiny after they were banned in the United States last week. The US Federal Trade Commission (FTC)
Read more 30 April 2024