Posts tagged "economy"

Australia’s largest export source has suffered a blow after prices of iron ore tumbled by more than 50% over the last two months.

Australia’s labour force statistics for August again make the case for giving up on the rate of unemployment as an indicator of the state of the labour market.

Border closures will continue to act as a millstone around the neck of the Western Australian economy because the labour shortages resulting from lockdowns limit the state’s ability to grow, according to CPA Australia.

Small and medium businesses are bearing the brunt of ongoing lockdowns and many are now in “wait, survive and see” mode, says Reserve Bank governor Philip Lowe.

The Greens Party has proposed a “tycoon tax” that would tax so-called super-profits made by companies with annual turnovers of more than $100 million.

SMEs will be a key driver in the country’s travel recovery, and will play an important role in giving the economy a much-needed boost.

Treasurer Josh Frydenberg appears to have thrown the most important findings of the banking royal commission under a bus.

To help you plan out a weekly routine — especially with the added stress of shifting lockdown restrictions — here’s a three-step plan that makes consistency easy to achieve.

COSBOA argues that while there are serious challenges facing small businesses and the communities in which they operate, there are also potential promising solutions.

Australian accountants are becoming increasingly worried about the state of the Australian economy, as financial stress continues to mount for the businesses they work with.

The RBA thinks we're heading for the same rut of low wages growth as before the pandemic. That leaves workers behind and unlikely to catch up for a long time.

These economists are not wholly pessimistic about the outcomes for SMEs, and say the return to economic growth is paved with vaccines.