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economy Archives

Closed sign due to COVID-19

Business warns of $400 billion virus economic hit

A six-month recovery plan from coronavirus measures would cost Australia's economy more than $400 billion, modelling by ...

2020 to be “a dismal year for the economy”: The Conversation

2020 is shaping up as a dismal year for the economy, with no progress on many of the key measures that matter for Austra...

Record-low interest rates aim to boost spending

Industry body hopes third cut will do the trick that other policy changes have not.

Economy-wide spending continues to grow

Consumers have continued to spend despite modest wage growth.

Steady interest rate to boost economy

The RBA holds interest rate steady for 24th consecutive month.

Victoria now Australia’s top performing economy

Victoria unseats New South Wales as country's top performing economy.

Economy-wide spending growth slows in May

Monthly spending trend falls, though investor confidence remains high.

Retail sales to pick up, but profit to be harder to come by

Retail relief on the way, economists say.

GDP, falling petrol prices lift confidence

Consumer confidence recovers from two weeks of falls.

Australia’s stubborn growth problems are moving at a geologic pace

Unfortunately for the RBA, the health of the economy is not measured on the geologic time scale.

Surge in full-time work offsets fall in part-time jobs

Unemployment rate rises as more Aussies look for work.

Analysts give latest earnings round a tick

Current corporate earnings season shaping up to be a good one after no nasty surprises.

A free ride from the economy to lift your profit isn’t on the horizon

Australian retail businesses cannot continue to do what they are doing, the same way they are doing it.

UBS: Worst quarterly consumption figures since GFC

Financial firm cuts consumer outlook.

Unavoidable costs to rise, shopper’s spare cash to drop

Consumers’ discretionary income expected to decline two years in a row for the first time since 1992, with all sectors i...

Three charts on: how part-time work is growing more slowly, but more men are doing it

The pattern of slowing growth in part-time employment is a long-term phenomenon.

Consumer confidence bounces back

Confidence up despite global political uncertainty.

Why retailers need two budget deficits

Why the impending economic challenges Australia faces should give retailers cause for reflection.

Driving success from above

The traits Australia’s best retail leaders have in common.

RBA cuts interest rate to record low

ARA hopeful RBA's decision can halt slide in retail sales growth.