Economy

Women plan to retire later - Newsreel

Early retirement dream abandoned for most

The dream of “early retirement” for Australians is steadily evaporating with the average expected age to finish work pushing out beyond 65. Australian Bureau of
Read more 27 May 2024
Man in supermarket looking at phone. | Newsreel

Twenty-somethings hit brakes on spending

The spending gap between age groups is widening with young people in their late twenties the most frugal and those over 60 increasing their spending. CommBank iQ Head of
Read more 26 May 2024
Nuclear power plant

Nuclear option more expensive than renewables

Nuclear power is a more expensive energy option compared to renewables, according to a new CSIRO report. The latest GenCost report also found a nuclear-powered energy
Read more 22 May 2024
Homes flooded in Brisbane. | Newsreel

Floods sink Brisbane’s global status

Climate change is having an impact on Brisbane’s status among global cities ranked in the latest Global Cities Index. Placed 27th in the world and fourth in Australia,
Read more 22 May 2024
Robots scaring away hospitality workers - Newsreel

Robophobia scaring away cafe workers

Use of robots in hospitality settings is causing human workers to leave the industry due to high levels of stress and fears around their job security. Washington State
Read more 22 May 2024
Children missing out on eating - Newsreel

Families forgoing essentials as living costs bite

Many Australia families are avoiding seeking medical help when they need it and skipping meals as they struggle to cope with chronic cost-of-living pressures. A
Read more 22 May 2024
Queensland surf lifesavers pulling boat out of water. | Newsreel

10-year deal gives life savers certainty

Queensland beaches will be under the watch of lifesavers for at least another decade following a $125 million funding announcement. With the current four-year funding
Read more 22 May 2024
Long-term unemployment down 40 percent - Newsreel

Long-term unemployment down 40 percent

The post-pandemic labour boom has washed away much of Australia’s long-term unemployment, with a 40 percent fall in four years. A new Productivity Commission report,
Read more 21 May 2024
Alpha HAP worker in Gladstone | Newsreel

World-first refinery confirmed for Gladstone

Gladstone will be home to the world’s largest high purity alumina refinery after Alpha HPA confirmed its investment today. The Australian-based aluminium producer has
Read more 21 May 2024
Older workers are having trouble changing job - Newsreel

Employees averaging over 12 jobs in their careers

Workers are averaging more than 12 jobs between the ages of 18 and 56 and the length of time spent in each one has fallen eight percent in a decade. A new OECD report,
Read more 20 May 2024