Tag: Australian economy

Not one to miss a chance to highlight his state’s economic might and the importance of its resources sector, McGowan has a field day.

Another month of steady export growth and a big drop in imported goods makes the trade surplus look very healthy indeed.

Last year Australia’s ‘crucial’ and growing mineral resources industry contributed $35,3-billion in taxes and royalties, report finds.

Australia’s next national budget is due to be tabled in mid-May. A study released today says it’s going to be much brighter than predicted.

Soaring iron ore prices are making a massive contribution to the national coffers and pushing the resources sector to new heights.

Commonwealth Bank study indicates Aussies intend to spend significantly more on travel, entertainment and home-buying. But retail is slowing.

The number of jobs advertised in Australia rose for the third consecutive month in March. Listings are almost 40% higher than in March 2020.

Latest resources and energy report confirms Australian mineral exports are booming and on track for a record year as world recovery begins.

But majority of Australian chief executives think there will never be a return to the way business was conducted prior to Covid.

Massive boost for the economy as latest figures show nearly 89 000 new jobs were added in February, most of them full-time.

Strong GDP increases in two consecutive quarters shows that the economy is recovering twice as fast as expected in the October 2020 budget.

Newcastle sees remote-working trend as the ideal opportunity to attract innovative entrepreneurs looking to escape the big-city bustle.

Ai Group concerned the post-lockdown economic lift may be more of a short-term policy-led bounce than an enduring revival.

Union body believes government inaction, neglect of staff and the potential of offshoring maintenance jobs could lead to compromised safety.

Latest trade figures show Australia’s coal exports – and the country’s resources sector in general – proving surprisingly resilient.

Global consultancy’s latest report says Australia has “got this”, while most economies continue to struggle with Covid’s impact.

Queensland company gets taxpayer funding of $1-million to build pilot manufacturing plant for world-first milk-processing technology.

Frydenberg notes that the updated budget numbers are better than what was expected when the original budget was presented 10 weeks ago.

Key employer body fears that cutting Southeast Asian language tuition at universities will harm efforts to develop alternative markets to China.

Hosting the 2027 event would generate an estimated $2.2-billion in economic activity and create 12,000 jobs, government says.

Demand for new homes could drop by more than 200,000 units over the next three years as immigration stagnates. Building sector is concerned.

Decline in the manufacturing sector may have bottomed out, but there’s still a long way to go to recovery.

Survey of Sydney leaders shows high approval levels for government strategies during the pandemic. But economic recovery is far away.

ABS announces a 7% contraction in GDP in the second quarter – the biggest drop in 61 years and our first recession in 30 years.

Health and beauty products show a major spike in sales at local supermarkets

The Reserve Bank made it clear it could cut further if necessary.

At a time when a lot of the world is facing economic and political uncertainty, Australia is doing relatively well

The ICC Cricket World Cup 2015 has proved to significantly boost to the local economies of Australia and New Zealand.

It's not always such a great feeling being top in the world. This Deutsche Bank PPP report just goes to show how expensive Australia is.

Australian Department of Immigration and Border Protection research seeks to better define the country's migration objectives.

Public holidays are costing the economy in more way than one says a new report, particularly in Canberra.

Australia ranked third overall in a survey into G20 child prosperity trailing behind Germany and France. But economists at Save Our Children say it is not good enough.

Australia's middle-class is feeling the grip of taxes and inflation while their jobs are under the constant threat of company cost-cutting, says Gottliebsen.

A record surge in employment calms concerns over the state of the Australian economy. New data released by the Australian Bureau of Statistic has latest employment figures surpassing expectations.

Prime Minister Tony Abbott has indicated that the federal government is willing to discuss some serious budget compromises with the cross-benchers.

As the premiers organise a fight-back meeting over the federal budget, Prime Minister Tony Abbott says there's still money available for them.

The federal opposition says Prime Minister Tony Abbott has broken election promises with his first budget.

The federal budget is written for big business and the young, sick and vulnerable will be the hardest hit, the Australian Greens say.

Pensioners, the sick, students and high-income earners will all bear the brunt of the Abbott government's first budget.

"The age of entitlement is over. It has to be replaced, not with an age of austerity, but with an age of opportunity," Hockey says as he delivers his maiden federal budget.

Treasurer Joe Hockey expects his first budget to be criticised if people just look at their own interest rather than for the good of the nation.

Prime Minister Tony Abbott says it'll be "pain with a purpose" in the budget as a new survey shows consumer confidence at its lowest in five years.

Within three years Australia's minimum wage will be less than that of Canada and the UK, says union boss.

Tony Abbott says that when it comes to fixing the federal budget, everyone has to chip in and do their bit.

Chair of the Commission of Audit Tony Shepherd has faced a Senate inquiry after the release of his review of government spending.

Despite the Aussie jobless figure rising to its highest level in a decade, Prime Minister Tony Abbott believes if the government is allowed to get on with its job, unemployment could turn around quickly.

The Australian Chamber of Commerce and Industry says it is not the role of government to prop up private industry.

Sydney Airport finished 2013 strongly with December recording a record high number of passengers passing through to help it achieve its busiest ever year.

DAVID JOHNSON, founding director of FX company, Halo Financial, explains what the Sterling-Australian Dollar exchange rate means for you.

According to new statistics there are more Australians leaving Australia compared to overseas visitors arriving.