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Household spending and building approvals take a hit

Both household spending and housing approvals fell in March. The latest Australian Bureau of Statistics (ABS) data shows household spending fell 0.3 percent, while the

Cyclone Alfred gives then takes away in retail figures

Queensland residents stockpiling in the lead-up to Tropical Cyclone Alfred was not enough to prevent a drop in retail turnover in the State in March. The latest

Time to wake up to $75 billion sleep problem

The annual economic impact of sleep-related health issues in Australia is growing, soaring past $75 billion. A new report, led by Flinders University, revealed that

Inflation drops despite Brisbane-based power spike

Australia recorded its lowest annual inflation rate since late 2021, despite a large quarterly rise. Australian Bureau of Statistics (ABS) Head of Prices Statistics

Stamp duty on new homes disappears for first-time buyers

The abolition of stamp duty on new homes for first homes buyers in Queensland begins tomorrow (May 1). Premier David Crisafulli said the initiative would deliver an

ACCC crackdown on credit card surcharge practices

The ACCC is cracking down on businesses which mislead customers over credit card surcharges, including charging them more than they should. Australian Competition and

Borrowing costs continue to impact State economies

Queensland’s economy has slipped in the rankings compared to other Australian states. The Sunshine State has lost its second placing to Victoria in the latest CommSec

IMF uncertainty higher than COVID with no vaccine in sight

By Sergi Basco The International Monetary Fund (IMF) has just published its World Economic Outlook, and it does not take an expert to deduce that, even among some of the

Billion-dollar mineral reserve critical for economy

More than $1 billion will be invested in creating a critical minerals reserve if Labor is returned to Government after the May 3 Federal Election. Labor leader Anthony

Simon Ling new Queensland Treasury Corporation CEO

A finance expert with a “focus on advancing government social financing initiatives” is the new Queensland Treasury Corporation (QTC) CEO. State Treasurer David

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