NEWS •⁠ POLITICS •⁠ BUSINESS •⁠ CULTURE

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Gene Tunny

Tuesday, September 28

The Australian money market just turned upside down, but there's a good reason

Someone, somewhere in the world has effectively paid the Australian Government to hold on to millions of dollars of their money.

Big promises leave giant questions about where money will come from

Economic management became a defining issue of the pre-election campaign as the promises from both sides came under scrutiny.

The cost of the pandemic to the Queensland Government has grown to $18 billion.

Another state bank? Business fears about Labor's recovery plan

The COVID-19 pandemic has cost the Queensland Government about $18 billion and business is split over the benefits of its strategy to move out of its worst-ever recession.

Weary and wary: Businesses welcome newfound freedom but warn of cliff ahead

Business has cheered the reopening of borders but warn of a “September cliff”’ when JobKeeper subsidies end and the zombie companies it props up will fail.

More than 116,000 'missing' from Queensland jobless data

More than 116,000 people are missing from Queensland’s unemployment data after they effectively dropped out of the job market, which has masked the real impact of the economic fallout from the COVID-19 pandemic.

How one massive hailstorm almost kept Queensland's economy in the black

Queensland’s domestic economy slid by 0.3 per cent in the March quarter and one of the biggest contributors was a surprising downturn in general government investment in buildings, plus state and local investment in infrastructure.

Eight bidders signal formal interest in Virgin, short-list of three within weeks

Virgin Australia’s administrators have revealed there should be eight indicative offers received at the end of business today with “plenty of competitive tension” between them.