Economy

Inflation drop graphic. | Newsreel

Inflation continues to drop, hitting post-COVID low

Australia’s annual CPI inflation rate has dropped to 2.4 percent, with the rises in the second half of last year the lowest since COVID. Australian Bureau of
Read more 29 January 2025
Disabled employee and colleague. | Newsreel

Centre of Excellence to advance disability employment

A $22m Centre of Excellence will be established to advance the disability employment sector in Australia. Swinburne University of Technology will partner with the
Read more 28 January 2025
Small business owners on computer. | Newsreel

Small businesses turn to tech to tackle costs

Small business owners plan to turn to tech in 2025 to combat rising costs. This year’s NAB Economics Business Insights survey found three quarters (76 percent) of
Read more 28 January 2025
Manager in factory. | Newsreel

Industry leaders flag weak outlook for 2025

Leaders of Australian industry are scaling back long-term investment plans as they remain pessimistic about the country’s economic prospects for 2025. The latest
Read more 28 January 2025
Mining Queensland. | Newsreel

Queensland momentum challenges western dominance

A surging Queensland economy has improved its position in the State rankings, just falling short of pipping Western Australia for the top spot. The CommSec State of the
Read more 28 January 2025
Woman with robots in factory. | Newsreel

Youth value manufacturing jobs … for someone else

Young Queenslanders value the impact of the manufacturing industry on society, but are reluctant to work in the field they perceive as hard and repetitive. Recent
Read more 28 January 2025
Woman outside block of units. | Newsreel

ABS elevates strata managers as shortage exposed

An Australian Bureau of Statistics (ABS) decision has provided hope a critical shortage of strata managers, sparked by more Australians opting for high-density living,
Read more 28 January 2025
Queensland Rail train at station. | Newsreel

Rail and road funding critical to busting Coast congestion

A decision to place funding to complete the Sunshine Coast Direct Rail on the backburner has raised the ire of Sunshine Coast Mayor Rosanna Natoli. Mayor Natoli said
Read more 28 January 2025
Home owners with keys. | Newsreel

Stamp duty abolition first task for Parliament

Abolishing stamp duty on new homes for first home buyers will the first order of business when Queensland Parliament resumes next week. Premier David Crisafulli said the
Read more 26 January 2025
Gas extraction, Northern Territory, Australia. | Newsreel

Oil and gas activity lifts business turnover

Business turnover in Australia jumped two percent in November, driven by a strong mining sector. Australian Bureau of Statistics Head of Business Statistics Robert Ewing
Read more 24 January 2025