Tag: Economy

There has been a slight increase in consumer spending across the month of January, according to the Commonwealth Bank’s latest Business Sales Indicator (BSI).

The ACCC is highlighting cartel conduct in government procurement, truth in advertising, competition and consumer issues in the health sector and industry codes as some of its compliance and enforcement priorities in 2015.

Tax cuts, higher household incomes and a boost to Australia’s economy will all be the result of a reform to the GST, according to a new report released by CPA Australia.

Australia’s unemployment level has jumped to its highest point in twelve years, climbing another 0.3 per cent from December’s employment rate.

The Index revealed Consumer Sentiment rose to 100.7 points in February, an 8 per cent rise from the 93.2 points registered in January. This is the highest level the Index has seen in the past 12 months.

The report, titled Economic Policy Reforms 2015: Going for Growth, said Australia would see a rise in productivity performance if taxation in the corporate sector was lowered.

The ACTU has today released the findings of a new survey, revealing a large number of Australians are dissatisfied with living standards and the direction Government policies are taking the country.

The Reserve Bank of Australia (RBA) has lowered the cash rate to 2.25 per cent, effective from today.

The economy continues to be a source of worry for Australian businesses, pushing business confidence down for yet another quarter.

Australians prefer to support local businesses, both in terms of retail and in services, a new report has found.