Home Finance Economy

Economy

‘China’s trade war with Australia is making us money’: Deloitte

Despite hard hits to Australia's wine, beef and barley industries, soaring iron ore spot prices have "more than made ... up" the...

Can you use the JobMaker Hiring Credit? Program Checklist and Detailed Explanations

As part of the 2020-21 Federal Budget announced in October, the government unveiled the JobMaker Hiring Credit to incentivise businesses to hire...

At least two decades needed to grow in the Asian market: RBA

Australia businesses should prepare to take at least two decades to build new opportunities in the Asian market, says RBA governor Dr...

‘Out & About’ vouchers: How businesses can be involved in the NSW initiative

The NSW Government is giving every adult $100 in vouchers to spend on dining and entertainment in a bid to resuscitate small...

Five megatrends transforming global trade and investment

On Monday, the CSIRO’s Data61 and the Australian Trade and Investment Commission (Austrade) released a report Global trade and investment megatrends detailing...

36,000 businesses to benefit from NSW reduced payroll tax expenses

The NSW government 2020-21 budget has revealed the state's payroll tax threshold will increase from $1 million to $1.2 million benefiting 36,000...

More SMEs predicted to close over the next 6 months, poll shows

A national business poll has been released showing one in three SMEs are considering closing or selling their business within the next...

‘Tsunami’ of job losses to hit male-dominated industries: Clare O’Neil

In a digital address to the McKell Institute today, Shadow Minister for Innovation, Technology and the Future of Work Clare O’Neil warned...

Australia’s recession may be over but things are certainly not back to normal

Australia is technically out of a recession however this does not mean Australia’s recovery will be smooth-sailing. At a...

What the US election could mean for Australian businesses

With under a week until the 2020 US Presidential elections on Tuesday, 3 November, economists and investors are looking to predict the...

Chinese economy first to grow after COVID-19, exports increase for first time

China is the world’s first major economy to grow after COVID-19, after reporting a positive GDP for Quarter 3. The latest economic...

‘Print money like it’s going out of style’: Mark Pesce

Mark Pesce is a leading futurist, author, entrepreneur, speaker, podcaster and innovator. He has been at the forefront of the digital revolution for...

Has the Budget delivered for small businesses?

Guest authored by Sam Allert, CEO of Reckon With 23 per cent of small businesses concerned they won't exist...

Budget 2020-21: What’s in it for businesses?

This year, Australia will see a $213.7 billion deficit. “Our economic response has come at a significant cost,” said...

Federal Budget: Treasurer brings forward tax cuts, braces for large deficit

As the Federal Government hands down the "most important budget since World War II" this evening, Australians can expect to see further...

Stocks Splits: What are they and why should investors care?

Guest authored by Robert Francis, Australian Managing Director of investing platform eToro. Two of the globe's biggest tech powerhouses,...

Increased capacity for NSW stadiums

The NSW Government have announced that major sporting events at selected Sydney stadiums will be able to increase their capacity from October...

NSW Government releases ’24-Hour Economy’ Strategy

The NSW Government has released a 24-Hour Economy Strategy to revamp Sydney’s nightlife, support local businesses and create more jobs in the...

Australia facing its worst economic contraction in history

The ABS confirmed Australia’s first recession since 1990 after recording two consecutive quarters of economic decline. After being hammered by the pandemic, bushfires and drought,...

Josh Frydenberg critiques Daniel Andrews’ response to COVID-19

Treasurer Josh Frydenberg has lashed out at Victorian Premier Daniel Andrews over the premier's handling of COVID-19 during a heated interview with ABC News...