Economy

Woman confused with paperwork. | Newsreel

Low literacy impacts vast majority of businesses

Low worker literacy and numeracy is impacting the productivity of nearly 90 percent Australian businesses. A survey by peak employer body the Australian Industry Group
Read more23 October 2024
Wheat harvesting. | Newsreel

Queensland carries nation’s winter crop output

Queensland farmers will carry the nation this year, with record winter crop production making up for shortfalls in other states. Rabobank’s 2024-25 Australian Winter
Read more22 October 2024
Mother and child Christmas shopping online. | Newsreel

Time running out to get on Christmas lists

If you haven’t completed your Christmas shopping list yet, you are at risk of being in the minority of Australians. A survey by e-commerce technology provider Shopify
Read more22 October 2024
The world is racking up massive public debt - Newsreel

Government global debt blows out to $100 trillion

Global public debt is expected to pass $100 trillion for the first time this year and be approaching 100 percent of Gross Domestic Product by 2030. The latest
Read more18 October 2024
Happy woman shaking hands. | Newsreel

Record participation as unemployment remains steady

Australia’s unemployment rate remained steady at 4.1 percent in September, as the job participation hit a record high. Australian Bureau of Statistics (ABS) Head of
Read more17 October 2024
Woman with food care package

Emergency relief need doubles in 12 months

Over 1000 Queensland families reached out for emergency relief in August, more than doubling over the course of a year. Queensland Council of Social of Social Service
Read more17 October 2024
Australian Border Force signage. | Newsreel

Tech boost needed to maximise benefits of trade and travel

Outgoing Australian Border Force Commissioner Michael Outram addressed the National Press Club of Australia in Canberra today. Here is an extract of his speech, focussed
Read more16 October 2024
Workers are feeling cost of living pressures - Newsreel

Cash-strapped employees see pay as top priority

Cash-strapped workers have moved salary levels to the top of their priority list as workplaces begin to stabilise after the pandemic upheaval. The latest global
Read more16 October 2024
Business owner looking at bills. | Newsreel

Businesses late to pay at an increasing rate

Businesses are struggling to pay their bills, with late payments at their highest level in more than three years. The latest CreditorWatch Business Risk Index (BRI)
Read more16 October 2024
Woman looking at share prices. | Newsreel

ASIC warns data breaches expose share portfolios

A spike in reports of stolen shares due to identity theft has triggered a warning from the Australian Securities and Investments Commission (ASIC). In a statement, ASIC
Read more16 October 2024