Finance

The Australian government’s Sustainable Finance Strategy has been released by Treasurer Jim Chalmers. Yet more needs to be done if Australia is to achieve the strategy’s stated ambition to be a global sustainability finance leader.

The number of unemployed people to job vacancies rose to 1.5% in November, still well below the pre-COVID figure of 3.1%.

A fairer competitive landscape will help small businesses cope with persistent inflation and economic volatility, Small Business Minister Julie Collins says, outlining the federal government's approach to small business support in 2024.

Between 2006 and 2021, women small business owners increased by 24%, which was more than three times the growth of their male counterparts.

Allegations of price gouging by Australian supermarkets have even led to a Senate inquiry into supermarket pricing.

The federal government has rustled up $9.8 billion in savings since the May budget through a combination of spending cuts and reprioritisations, including measures focused on the business sector. 

The labour market has so far shaken off a bout of high inflation and a series of interest rate hikes through forward-looking indicators, such as job ads and vacancies, signal weakness.

Regional businesses were also more concerned about the rising costs of goods or services, with 73% in country areas registering their worries compared to 64% in the cities.

The momentous decision to float the Australian dollar was taken on Friday, December 9, 1983, by the Hawke Labor Government.

Senator Watt on Monday sent a stern warning to supermarkets to "not profit off hardworking Aussies" in the lead-up to Christmas.

Australia’s inflation rate has dived from 5.6% to 4.9% in October, pushing it below 5% for the first time in 20 months.

The number of millennial and gen Z small business owners is on the rise according to research released by the Commonwealth Bank of Australia.