Queensland comeback masks soft national spending
Queenslanders drove a slight increase in national household spending in April, according the Australian Bureau of Statistics (ABS).
The latest data showed household
Read more5 June 2025Finances
GDP growth soft in March quarter at 0.2 percent
Stalled Government spending and a drop in public investment contributed to an almost stagnant Australian economy in the first quarter of the year.
Australian Bureau of
Read more4 June 2025
Growth forecasts trimmed as US and China go backwards
The OECD has lowered its global growth forecasts in light of the current state of geo-politics.
The economic organistaion’s latest Economic Outlook projects global
Read more4 June 2025
End of the road for Super Guarantee increases
A 14-year journey ends of July 1, when the final increase in superannuation for Australians kicks in.
Super Members Council CEO Misha Schubert said on that day the Super
Read more4 June 2025
Deficit nears $15b despite surging US demand for gold
Australia’s current account deficit is nudging $15 billion, as the nation’s current account balance rose in the March quarter.
The latest Australian Bureau of
Read more3 June 2025
Billion-dollar hit to agricultural production in 2025-26
The drought in southern Australia is expected to lead to a drop in Australia’s agricultural production of more than $2 billion in the next financial year.
The latest
Read more3 June 2025
Push to localise supply chains a risk to global GDP
Global moves to on-shore manufacturing and production could undermine, rather than strengthen, supply chain resilience, according to the OECD.
In its latest Supply Chain
Read more3 June 2025
Queensland comeback not enough for retail figures
A Queensland bounce-back was not enough to stop national retail figures slipping into the red in April.
The latest Australian Bureau of Statistics (ABS) data showed
Read more2 June 2025
Numbers behind interest rates cuts and house price rises
By James Graham
With the Reserve Bank of Australia easing monetary policy, interest rates are on the way down.
Already this year, mortgage pre-approvals had begun to
Read more2 June 2025
Miners lead 8.6 percent drop in company profits
The profits of Australian mining companies fell by almost 30 percent last financial year, according to the latest Australian Bureau of Statistics (ABS) data.
ABS Head of
Read more30 May 2025