Economy

HomeEconomy

Industrial robot numbers are growing rapidly - Newsreel

Global robot population growing rapidly

The number of industrial robots in the world has more than tripled in the past 10 years with half a million new units coming online in the last year alone. The latest

Court hands down $12.9m greenwashing fine

Australia’s largest penalty to date for greenwashing has been handed down by the Federal Court. In the judgement, Justice Michael O’Bryan ordered Vanguard

Inflation lowest in three years at 2.7 percent

Australia’s inflation rate is the lowest in three years, dropping to 2.7 percent in August. A day after the Reserve Bank decided against an interest rate cut due to

Reserve Bank keeps interest rates steady

Interest rates remain unchanged as the Reserve Bank of Australia (RBA) left the cash rate target at 4.35 percent following its meeting today. In a statement it said

Queensland business sets unwelcome 30-year record

Business confidence in Queensland remains weak as operating costs and labour challenges take their toll on companies. Business Chamber Queensland CEO Heidi Cooper said

An Australian is now one in 27 million

Australia’s population has officially passed 27 million, with Queenslanders now making up more than 5.5 million. The latest figures from the Australian Bureau of

Volunteering did not recover from economic downturn

Falling rates of volunteering has been blamed on economic conditions and changed behaviours following the 2008 global financial crisis. United States-based research, led

13 million spare bedrooms key to housing crisis

Older homeowners would be incentivised to rent out their spare bedrooms in a bold plan to ease the current housing crisis. QUT economist Dr Lyndall Bryant said housing

Reduced mobile phone use boosts work motivation

Reducing mobile phone use by one hour a day can have a major impact on well-being and how motivated people are at work. Research released this week by the Mental Health

January deadline for mandated climate reporting

Large Australian businesses have less than four months to ensure systems are in place to produce mandated climate-related reports. Australian Securities and Investments

Subscribe to our newsletter

Newsletter