News
The main culprit of Australia's productivity crisis
1+ hour, 18+ min ago (107+ words) VIDEO: The main culprit of Australia's productivity crisis ABC News & Headlines – Australian Broadcasting Corporation VIDEO: The main culprit of Australia's productivity crisis Fri 17 Jul 2026 at 1:22pm Australia is among the least productive economies in the OECD, and it's because companies are…...
Treasurer says AI key to raising productivity, lowering interest rates
1+ hour, 18+ min ago (951+ words) Jim Chalmers at the productivity roundtable last year. (ABC News: Mark Moore) Treasurer Jim Chalmers has given further insight into the government's approach to AI and details of his meeting with AI giant Anthropic. He says it is central to…...
Australia has a deficit dilemma, could means-testing wealth be the solution?
6+ day, 6+ hour ago (144+ words) VIDEO: Australia has a deficit dilemma, could means-testing wealth be the solution? ABC News & Headlines – Australian Broadcasting Corporation VIDEO: Australia has a deficit dilemma, could means-testing wealth be the solution? Sat 11 Jul 2026 at 8:33am Peter Harris is the former chair of…...
The ASX finished trading moderately higher on reports the US and Iran will meet for "technical talks".
6+ day, 20+ hour ago (117+ words) ABC News & Headlines – Australian Broadcasting Corporation VIDEO: The ASX finished trading moderately higher on reports the US and Iran will meet for "technical talks". Fri 10 Jul 2026 at 6:35pm The ASX finished trading moderately higher on reports the US and Iran will…...
Workers' pay has not kept pace with productivity growth for 30 years, research suggests
1+ week, 7+ hour ago (1087+ words) Real median earnings, which are earned by the 'typical' worker, have not kept pace with productivity growth for three decades. (ABC News: John Gunn) The Centre for Policy Development says its findings raise questions about Australia's wage-setting and bargaining institutions…...
Aussie dollar could go as low as 65 US cents by the end of 2027, says NAB FX strategist
1+ week, 3+ day ago (71+ words) VIDEO: Aussie dollar could go as low as 65 US cents by the end of 2027, says NAB FX strategist ABC News & Headlines – Australian Broadcasting Corporation Mon 6 Jul 2026 at 4:48am NAB's head of FX strategy, Ray Attrill says the bank has downgraded its…...
'Pretty rare to see clearance rates this low': Property slump tipped to continue
1+ week, 4+ day ago (767+ words) Last week’s figures were already the lowest since the COVID-19 market slowdown in 2020. (ABC News: Liz Pickering) Less than half of all properties that went to auction last week were actually sold. Brisbane's auction clearances crashed, as the rest of…...
Pay increase the final straw for struggling small businesses
1+ week, 5+ day ago (863+ words) Shelley Garnaut has closed her shop and worries about other small businesses in Broken Hill. (ABC Broken Hill: Oliver Brown) One of Broken Hill's few remaining corner stores has closed amid rising costs. Other businesses in the city are considering…...
Recent years tougher for borrowers than enduring 17pc interest rates, analysis finds - ABC News
2+ week, 1+ day ago (993+ words) Households are facing tougher conditions than during the late 1980s and 1990s when it comes to home loan interest, a KPMG economist says. (ABC News: Declan Bowring) KPMG senior economist Terry Rawnsley said gen X households faced the toughest interest rate burden…...
Australia may not go through a 'technical' recession, but some people may feel like it is, says Alan Oster
2+ week, 2+ day ago (84+ words) Australian Broadcasting Corporation VIDEO: Australia may not go through a 'technical' recession, but some people may feel like it is, says Alan Oster Tue 30 Jun 2026 at 9:44pm Economic consultant and former NAB chief economist Alan Oster says tough times are ahead…...