Cost and price pressures on Australian businesses have lost some of their sting. Surveying by the National Australia Bank has revealed a weaker set of cost and price movement data for September. This followed spikes in cost growth over the past few months across both purchasing and...
Businesses and industries will soon get their say on looming superannuation changes requiring employers to pay contributions at the same time as a worker’s salary. The federal government will begin consulting on Monday about superannuation law changes, due to kick in from July 2026, where super...
COVID-19 is costing the Australian economy billions in lost worker productivity and healthcare spending. The pandemic may be moving into the endemic phase but the virus is still wreaking havoc on the health of the population and the economy. Research commissioned by pharmaceutical company MSD Australia has...
Australians are working more than ever to make ends meet but that’s not necessarily translating into extra goods and services. The mining sector led a two per cent fall in labour productivity growth in the June quarter as highlighted in a report from a national economic...
Queensland will be one of the world’s hardest hit coal regions, after China’s Shanxi and Indonesia’s East Kalimantan, a global report on the future of the sector shows. Nearly half a million coal miners are expected to lose their jobs by 2035 as old mines are...
The majority of Australians who pack a bag of clothes for donation take months before actually taking it to a charity shop, with goods instead left languishing in cars or bedrooms for weeks on end. That’s according to the latest Cost of Giving report from the...