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AI R&D investment soars in latest ABS stats

Research and development investment in artificial intelligence (AI) has grown by more than 140 percent over the past four years. New data from the Australian Bureau of

Renewed focus on Queensland-India business ties

A three-year strategy has been developed to strengthen ties between Queensland and India. State Finance, Trade, Employment and Training Minister Ros Bates said the new

The long ‘to do’ list from the economic roundtable

By Michelle Grattan As Jim Chalmers was navigating his economic reform roundtable, his colleague Mark Butler on Wednesday took a dive from the 10-metre board into the

More than 100 scam sites shutdown weekly. See examples

More than 100 scam investment websites are taken down in Australia every week, with social media ads now in the sights of the regulator. Australian Securities and

Billions to boost the Brisbane experience

Brisbane’s experience economy is set for a more than $11 billion infrastructure boost in the lead-up to the 2032 Olympic and Paralympic Games. The Brisbane Economic

Five ways housing can drive up productivity

By Emma Baker, Andrew Beer and Rachel Ong ViforJ Most Australians invest much of their income into housing, making employment, education and retirement decisions based

Prime Minister heralds start of economic reform roundtable

By Prime Minister Anthony Albanese This week in Canberra we are bringing together leaders from the business community, the union movement and civil society to work

Average Aussie wage now above $2000 a week

The average weekly wage for Australians has passed $2000 for the first time. Australian Bureau of Statistics (ABS) Head of Labour Statistics Sean Crick said average

Aussie wage growth stable at 3.4 percent

Australia’s annualised wage growth remains at 3.4 percent. The latest Australian Bureau of Statistics (ABS) data showed Wage Price Index (WPI) rose 0.8 percent in the

RBA cuts cash rate to 3.6 percent

The RBA has cut the cash rate by 25 basis points to 3.6 percent at its Board meeting today. Here is it’s statement in full: Inflation has continued to

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