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Renewables drive down turnover for electricity suppliers

An abundance of renewable energy supply led to an almost 10 percent drop in turnover for electricity supply businesses in October. The latest Australian Bureau of

500 million mobile wallet payments in one month

Australians made payments worth more than $20 billion through mobile wallets in October. Australian Banking Association CEO Anna Bligh said the latest Reserve Bank of

Construction pipeline requires 20,000 extra workers

Another lift in the construction pipeline for Queensland will create demand for more than 20,000 extra jobs over the next two years. The Queensland Major Projects

Room rental restrictions lifted for home buyers

First home owners in Queensland will be able to rent out rooms immediately after purchase, under new legislation to be introduced into State Parliament this

ABS data shows Aussies are set to party in 2025

Australians looking for a good time next year have boosted the latest household spending numbers. Australian Bureau of Statistics (ABS) data, released today, showed

OECD tips Australian GDP growth to overtake US

Growth in the global economy is forecast to remain stable in the coming years, with Australian numbers picking up steam, according to the OECD. The organisation’s

Government purse props up national GDP

Australia’s gross domestic product (GDP) ticked up by 0.3 percent in the September quarter, as public investment leapt by more than six percent. The latest Australian

More Australians have cost of living concerns

Almost 40 percent of Australians have struggled to pay their rent or mortgage in the 12 months. A survey by Master Builders Australia, conducted less than three weeks

$3.3 billion trade surplus lowest since 2018

Australia’s trade surplus fell to its lowest level in more than six years, as the country’s current account balance registered a deficit of $14.1 billion in the

Australia’s superannuation nest egg tops $4 trillion

Australians now have more than $4 trillion squirreled away in superannuation funds. The Australian Prudential Regulation Authority (APRA) Quarterly Superannuation

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