Economy
According to the latest CreditorWatch Business Risk Index, the risk of default over the next 12 months has grown in all regions across Australia with 5000 or more registered businesses, except for New South Wales’ Lower Hunter and Wyong districts.
The AUKUS security agreement has the potential to benefit Australia’s digital economy, quantum science, and world-class AI research. However, the KPMG report contends that in order to capitalise on the great economic opportunities in emerging technologies, Australia needs scale up efforts to commercialise creativity.
The rep[Ort finds that three-quarters of SMEs expect reduced cash flow before July of next year.
The Australian Competition and Consumer Commission (ACCC) has confirmed it is monitoring for price gauging and anti-competitive conduct.
As the Australian jobs market continues to strengthen, latest figures from the ABS indicate the underemployment rate has hit a 14-year low.
Australia maintained its three-month streak of record-breaking job ad numbers, but employers are still struggling to fill those positions.
Australia’s small business boom is expected to continue over the next ten years
Workers in Australia believe the economy is less secure than a year ago, as perceptions of Australia’s economic security reach new lows.
The seasonally adjusted balance on goods and services surplus decreased to $7.46b in February.
RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.
India and Australia signed an interim free trade agreement with the goal of increasing bilateral trade in five years.
Australian small businesses achieved the lowest growth rate in the Asia-Pacific in 2021
More of New Zealand’s SMEs shrank in 2021 than grew primarily due to the pandemic
Despite Omicron disruptions in the past few months, Australia’s unemployment figures in February 2022 have dropped to a 13-year low at 4 per cent.
At one of the most anticipated Reserve Bank Board meetings in history, the bank announced it wouldn’t be tapping the brakes yet.
U.S. central bank, the Federal Reserve, has decided to maintain its interest rate at the current record low. For now.
A policy analogy describes the nation as a farm. The RBA is in charge of irrigation on this farm. What happens when they turn the water off?
December 2021 saw a surprise drop in job ad numbers in Australia, with 3.2 per cent fewer ads than in November.
Inflation in the US has hit a 40 year high. But, where is inflation coming from, and what does it mean for the US economy?
Despite government-ordered lockdowns being lifted nationwide, data from ANZ bank shows Australia is in the midst of a self-imposed lockdown.
