Economy

HomeEconomy

Full-time artists in rapid decline

Less than one in 10 Australian artists work full-time in their field, a drop of more than 60 percent in under a decade. A recent Creative Australia-commissioned report

Most landlords getting tax returns wrong

The Australia Tax Office has rental property deductions in its sights after discovering that 90 percent of landlords get their tax returns wrong. ATO Assistant

Billion-dollar upside to onshoring cleantech

A move from a “dig and ship” to a “mine and make” economy could generate $215 billion in revenue and create 53,000 jobs in Australia by 2035. A new report from

Reserve Bank keeps interest rates on hold

The Reserve Bank has decided to keep interest rates unchanged despite slower than expected moderation of inflation. The Reserve Bank Board issued a statement today

Brisbane poised to be regional powerhouse

Brisbane has multiple advantages over other Australian capitals, as it eyes an economy that is tipped to approach $300 billion within a decade. A State of the City

New risk-based approach to foreign investment

A new risk-based approach to foreign investment will see more scrutiny of investment proposals around critical infrastructure, minerals and technology and a more

US facing the reality of the dying American Dream

In his autobiography A Promised Land, former US President Barack Obama outlined the core aspirations that united all Americans. Chief among them was that, after a

Most roles will not require specialist AI skills

Most workers are unlikely to need specialist artificial intelligence (AI) skills but the technology will fundamentally change the work they do. That is the conclusion of

Cash-starved consumers cutting back on spending

Retail spending had one of its weakest growth periods on record at the start of 2024 as cash-strapped households further tightened their belts. Spending on clothing,

Blue skies as Aussie airports back in the black

Australian airports have emerged from COVID-induced hibernations and recorded their first profits for aeronautical operations since the pandemic. Brisbane Airport joined

Subscribe to our newsletter

Newsletter