Economy

HomeEconomy

Fruit and vegetables in garbage container. | Newsreel

Food waste takes billions off the table

Australians throw away more than $36 billion worth of food each year, with 70 percent of it still edible. The issue of food wastage is being highlighted as a two-day

Racing returns $2.4 billion to state economy

The racing industry has doubled its contribution to the Queensland economy in the past eight years, tipping in $2.4 billion last year. Racing Queensland released its

Net zero to drive some positive job trends

The global movement towards net zero greenhouse emissions by 2050 is likely to have a relatively positive impact on employment, a new OECD assessment concludes. The 2024

$17 billion upside to housing upgrades

Energy efficient upgrades to low-income housing has the potential to grow Australia’s economy by $17 billion. An Australian Council of Social Service

Unemployment rate remains over 4 percent

Australia’s unemployment rate rose to 4.1 per cent in June. Australian Bureau of Statistics (ABS) data shows the seasonally adjusted rate rose by less than 0.1

Queenslanders lift online spend by 5 percent

Queenslanders love to shop online, with new data showing e-commerce grew more here than any other mainland state last quarter. The latest Australia Post report on the

Young people disengaging from live music

A decline in young people engaging with live music is among a plethora of challenges facing an industry that has also been hit with rising costs and ballooning insurance

Bleak forecast for hospitality businesses

Almost 10 percent of Australian hospitality businesses are predicted to fail over the next year, based on the latest credit data. CreditorWatch’s June Business Risk

First-time motherhood pushes into 30s

The age of first-time mothers in Australia is now over 30 and less than 10 percent of Aussies live in rural areas, according to new data. The Australian Bureau of

McGowan keeps the reins at TIQ

Justin McGowan has been retained as the Chief Executive Officer for Trade and Investment Queensland (TIQ) for another five years. Deputy Premier Cameron Dick said since

Subscribe to our newsletter

Newsletter