Half of all Australians don’t feel particularly confident about their retirement finances and almost as many don’t have a post-work financial plan, three new reports show. Just 50 per cent of 2000 Australians surveyed in July said they felt confident about their financial security in retirement,...
Australia’s productivity performance improved in the June quarter, but weak capital investment is still holding back growth in living standards, the Productivity Commission says. Growth in labour productivity – or doing more with less – accelerated to 0.3 per cent in the three months to June...
An influential global economic organisation is warning central banks to be vigilant about inflation, as it fires a broadside at Donald Trump’s political interference with the Federal Reserve. The Paris-based Organisation for Economic Co-operation and Development lifted its inflation forecasts for Australia in its September economic...
One in three Australian businesses are using free artificial intelligence tools to boost their productivity, a report has found, and most are sharing confidential company data with the software despite the risks. HP and Microsoft revealed the trend in a study on Wednesday that also showed...
All parts of the economy will need to slash their carbon pollution under the government’s plan to curb emissions by between 62 and 70 per cent by 2035. * The electricity sector is expected to play the biggest role over the next five years as ageing...
A punter betting on the Miles Franklin literary award gets to enjoy their windfall tax-free, unlike the winning author who pays a significant chunk of their $60,000 prize. The same is true for many prestigious arts awards, such as the $100,000 Archibald Prize for portraits. Making arts...