Top economists explain how the pandemic will affect the Australian economy for decades to come
The consensus of 23 leading Australian economists is that the economy will be reliant on government support for some time to come.
Utes, harvesters, production lines: How Australian businesses have gone machinery mad
The latest GDP data shows business investment in equipment and machinery grew at its fastest rate since 2009.
The G7’s move on company tax may actually benefit Australia. Here’s why
A decision by the G7 to ensure multinational businesses pay a minimum company tax rate of “at least” 15% could deliver longer-term economic benefits to Australia.
RBA hints at greater confidence in economic outlook, continues to place high priority on full employment goal
The RBA has hinted that July will see the start of a normalisation of monetary policy. But there'll still be no interest rate rises for years.
New data shows a drop in unemployment rate, just one month after JobKeeper ended
New data has provided the first glimpse of what is happening with employment following the end of the JobKeeper wage-subsidy scheme in March.
These three economic facts point to big spending in the federal budget, economist says
In the lead-up to the 2021 budget, three notable economic facts — about which no speculation is required — loom large.
Global supply chains better for Australian economy than protectionist trade policies: ABARES
New research has found Australia will continue to benefit from international supply chains despite the risks posed by global economic shocks.
The contactless paradox: Australians are holding “more cash than ever”
Bizarrely, Australians are amassing more cash than ever — even more so during the pandemic.
One year after hibernation: How business owners can now accelerate growth in the post-pandemic world
In a world that is increasingly complex and volatile, there is a premium on making good decisions and making them quickly.
Labor’s $15 billion National Reconstruction Fund aims to promote manufacturing in Australia’s post-pandemic economy
The $15 billion would be provided through a combination of loans, equity, co-investment and guarantees, with the fund aimed at helping build new industries and boosting existing ones.
Going regional: Opportunity could grow for small-town businesses as people flee cities
Australians have been fleeing the city at never-before-seen levels, and naturally lockdowns are a big part of the explanation.
Economists say up to 110,000 jobs could be lost when JobKeeper ends this month
JobKeeper recipients working in the transport, arts and recreation, and accommodation and food services industries are the most likely to lose their jobs when JobKeeper ends.
