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Sunday, December 03

Off the boil: House price falls abate as rate hikes start to rein in the economy

Interest rates have started to peg back the growth of the Australian economy and Queensland consumers were shutting their wallets, according to latest offical data.

Savings start to fall as households drive economic growth

Australia’s economy grew by 0.9 per cent in the June quarter and 3.6 per cent for the year, as it emerged from the pandemic lockdowns.

The data showed business was spending again

Spring in our step: Recession dodged for now as Queensland business splurges

Australia has escaped the prospect of a recession for now with the national economy growing at surprising pace in the June quarter.

CSIRO says ending throw-away culture could save Australia $1 billion

The CSIRO has outlined a plan to generate about $1 billion for the economy as well as generate jobs, but needs business to provide the innovation.

The massive price we'll all pay for Victoria's failures is only just coming to light

Australia’s deft handling of the initial coronavirus threat has been completely blown out of the water by Victoria’s second wave, writes Bernard Keane