Tag: Economy

The NSW Government has today opened its Investment NSW agency, which aims to maximise economic benefits and jobs for NSW.

Digital Recruiting Company HireVue has published a new study on the effects of the COVID-19 pandemic on Australia’s hiring industry.

A new analysis by KPMG has revealed that a faster international rollout of vaccines could boost the Australian economy by $17bn and generate up to 40,000 jobs.

Joe Biden’s $US1.9 trillion ($AUD2.5 trillion) rescue package managed to get the votes it needed to pass in the House of Representatives…

Victoria has claimed a post-lockdown victory with promising employment numbers that place the state ahead of the rest of Australia.

The World Economic Forum’s Global Risks Report 2021 has unveiled an alarming risk outlook of short-term healthcare battles and long-term environmental damage and social fragmentation. “The immediate human and economic cost of COVID-19 is severe. It threatens to scale back years of progress on reducing poverty and inequality and to further weaken social cohesion and […]

The latest Deloitte Access Economics Business Outlook figures reveal that Australia is well on the road to economic recovery in 2021. “COVID numbers are very low, the vaccine news is excellent, confidence is rebounding, Victoria is catching up to the recovery already underway elsewhere, there are heartening developments in job markets, and China’s trade war […]

Australia is no longer in a recession and economic growth is predicted to continue into the December quarter. On Wednesday, the ABS revealed a 3.3 per cent growth number for the September quarter, which is the highest quarterly figure since 1976. This figure would have been higher if there was no second wave in Victoria.  […]

On Monday, the CSIRO’s Data61 and the Australian Trade and Investment Commission (Austrade) released a report Global trade and investment megatrends detailing the five megatrends that will reshape global trade and investment during and post-COVID-19.  A megatrend is “a deep-set trajectory of change occurring at the intersection of multiple trends and drivers.”  The five megatrends […]

The RBA’s November Statement on Monetary Policy revealed that Australia has fared better than expected but the recovery is “expected to be bumpy and uneven” and “highly sensitive to further virus outbreaks.” Although spending is still below levels seen prior to the pandemic, the RBA predicts that Victoria’s emergence from lockdown and policy measures such […]