Economy

HomeEconomy

Billions of untapped potential in migrant workers

Queensland’s skills shortage would be eased and the economy boosted by almost $2 billion if existing migrant workers were employed based on their qualifications, a new

US dollar dominance continues to wane

The dominance of the United States dollar in foreign currency reserves is continuing to wane while the Australian dollar emerges as a dark horse. An International

Coast faces $100m hit from Bonza loss

The Sunshine Coast region faces an economic hit of more than $100 million due to the loss of Bonza Airlines. Sunshine Coast Mayor Rosanna Natoli has written to

ABS crowns Bundy the avocado capital

The ABS has released its first series of agricultural statistics using new methodology, which show the Central Queensland town of Bundaberg is the avocado and macadamia

Anti-scam plan keeps everyone in the loop

A new anti-scam intelligence loop has been established to facilitate better exchange of intel between government agencies, banks, telecommunications companies and

Australian unemployment rate below OECD average

Australia’s unemployment rate is well below the average global rate, according to the latest OECD data. Analysis, released this week, of the 38 countries in the

Queensland’s population cracks 5.5 million

Queensland’s population ticked over 5.5 million last year, as Australia’s population nudged 27 million. The latest Australian Bureau of Statistics (ABS) figures,

Unemployment rate drops to 4.0 percent

Thousands of Australians returned to work in May as the national unemployment rate fell to 4.0 percent. The latest Australian Bureau of Statistics (ABS) data show that

Brisbane more appealing to start-ups

Brisbane has improved its appeal to business start-ups, according to a new report. The Queensland capital has broken into the top 40 in the latest Global Startup

Consumer confidence at six-month low

Consumer confidence has fallen to its lowest level in six months. The latest ANZ-Roy Morgan Australian Consumer Confidence report showed confidence dropped by 3.5 points

Subscribe to our newsletter

Newsletter