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“The Senate needs to act this week to protect workers’ entitlements. How can anyone legitimately disagree that workers’ entitlement funds that hold $2 billion in workers’...
"Today's living wage policy announcement by the Federal Opposition would have perverse impacts on the Australian labour market and it overlooks the significant increases to the National Minimum Wage...
This week’s release of GDP data by the ABS has generated an unusually large amount of noisy and impatient commentary about the definition of a ‘recession’ and whether or not...
“Ai Group is very concerned at the direction of forward gas prices released by the ACCC this week showing a rising trend for forward gas prices in 2019,” Ai Group Chief Executive Innes...
AUSTRALIAN ECONOMIC DEVELOPMENTSThis week the Reserve Bank of Australia (RBA) left the cash rate on hold at a record low of 1.50%, where it has been since August 2016. The RBA’s accompanying...
AUSTRALIAN ECONOMIC DEVELOPMENTSThe outlook for private sector capital expenditure (CAPEX) and the estimate for CAPEX in the September quarter (Q3) of 2018 was the most significant piece of new...
AUSTRALIAN ECONOMIC DEVELOPMENTSAustralia’s labour market continues to expand strongly in 2018. Jobs growth seems to be stronger than had been anticipated by the RBA, Government and financial...
AUSTRALIAN ECONOMIC DEVELOPMENTSThis week the Reserve Bank of Australia (RBA) left the cash rate at a record low of 1.50%. The RBA expects inflation and wages to accelerate gradually from here, as...
Australian economic developmentsAustralian inflation (the consumer price index,CPI) slowed to 1.9% p.a. in the September quarter of 2018 (Q3)from 2.1% p.a. in the June quarter of 2018 (Q2), just below...
AUSTRALIAN ECONOMIC DEVELOPMENTSThis week the IMF downgraded its outlook for the global economy amid escalating trade tensions and growing financial strains in emerging economies. The IMF is now...
AUSTRALIAN ECONOMIC DEVELOPMENTSThis week the Reserve Bank of Australia (RBA) left the cash rate at a record low of 1.50%, where it has been since August 2016. In the accompanying statement, RBA...
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) declined by 2.5 points to 49.3 in September, signaling the first easing in...
The Australian Industry Group Australian Performance of Services Index (Australian PSI) rose 0.3 points to 52.5 in September, indicating mild growth in a 19th consecutive month of positive conditions...
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) climbed 2.3 points to 59.0 in September, indicating faster growth across the manufacturing sector and...
AUSTRALIAN ECONOMIC DEVELOPMENTSLabour market data released by the ABS this week provides a detailed snapshot of Australian employment as of August 2018. Across industries, job gains over the year to...
"The escalating Trade War between the USA and China is already hurting Australian companies through restrictions in availability of key components, higher landed costs for Australian exports out of...
The Australian Industry Group (Ai Group) has called on the Victorian State Government and Opposition to promise to undertake a review into the AFL Grand Final holiday after the State...