Worker influx could aid ‘softest of economic landings’
A surge in new workers since Australia's borders reopened in 2021 could help deliver a gentle economic landing by taking heat out of the economy's supply side.
A surge in new workers since Australia's borders reopened in 2021 could help deliver a gentle economic landing by taking heat out of the economy's supply side.
A top-level recruit has been handed the task of boosting Australia's flagging productivity growth, but the opposition has already questioned his links to Labor.
Energy investors have been urged to take advantage of Australia's golden age in climate policy, with "crazy, science-denying" naysayers waiting in the wings.
The resilience of the jobs market continues to beat expectations and could be bad news for mortgage holders hoping for another pause on interest rate rises.
BHP has posted a strong fourth quarter with annual production records at Western Australia iron ore, Olympic Dam and Spence, but warns of uncertain times.
There are concerns that a Coles plan to buy two milk processing plants will give the supermarket giant greater power and bargaining influence on the market.
Australian technology startups are challenging Silicon Valley ventures for investment but need changes to education and funding to take on big firms.
Treasurer Jim Chalmers says the latest jobs figures are a good surprise, despite fears the unemployment rate could lead to more pain for mortgage holders.
One of only two rehabilitation centres for injured wild dolphins in Australia may be forced to close its doors because of a lack of funding.
One of only two rehabilitation centres for injured wild dolphins in Australia may be forced to close its doors because of a lack of funding.
With traditional owners already responsible for looking after country, it makes sense they're at the heart of a $3 billion East Kimberley clean energy deal.
The latest inflation data will be crucial to where the Reserve Bank takes interest rates at its board meeting in August.
Tenants still face sharp price increases but easing vacancy rates suggest rental growth may be losing steam.
Reserve Bank boss Philip Lowe will this week give a speech after keeping interest rates steady in July and the big four banks will be grilled by politicians.
A report has laid bare the extent to which both the Victorian and NSW state budgets depend on property taxes.
Fear of a slowing economy and direct financial pressures are weighing on taxpayers, with most planning to bank their tax returns or service debts.
Renters may be finding it a little easier to find a home as vacancy rates ease across every capital city except Brisbane.
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
Australia and the European Union have failed to reach a free trade agreement, the European Commission says, and "more work is required" to address key issues.
Business trade payment defaults have surged to a record high as surging interest rates constrain spending, sounding insolvency alarms in the months ahead.
Struggling households should not expect extra cost of living relief soon but the treasurer has not ruled out more help if the economy deteriorates markedly.
A refinery in Gladstone will get a federal grant for a renewable hydrogen project that is key to the decarbonisation of Queensland's industrial heartland.
The head of the Reserve Bank says more interest rate rises are possible to get inflation under control, but the July pause was appropriate.
The Australian government remains hopeful of striking a deal with the European Union on free trade, as the latest talks stall.
The federal government is contributing $32 million to a trial project swapping gas for hydrogen to power the emissions-intensive alumina refining process.
Nuclear power is too expensive and slow to build, while offshore wind will be crucial to achieving climate and energy targets, a net zero report finds.
The Australian chair of an electric vehicle giant says the nation must drive tech startups and renewable energy or risk being left behind.
The head of the Reserve Bank says more interest rate rises are possible to get inflation under control, but the July pause was appropriate.
Talks for a free trade deal with the EU have stalled over Australia's demands for greater access for its agricultural products into European markets.
One of Australia's richest couples, Andrew and Nicola Forrest, have separated but will continue working together on their various business interests.