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#Economy

Coronavirus

Coronavirus

Virus Expected To Peak In Coming Months

2 min read

Australia's coronavirus co-ordinator is preparing for infection rates among the community to peak in coming months.

Coronavirus

Coronavirus

Further 5.2 Million Aussies Eligible For $750 Payment Under New Stimulus

3 min read

Welfare and income support recipients will be eligible for a "time-limited" supplement to help them get through the coronavirus pandemic -- and millions more now qualify for a $750 one-off payment under new stimulus measures.

Coronavirus

Coronavirus

Government Pledges Extra $66 Billion To Keep Businesses, Jobs Afloat

3 min read

An extra $66 billion will be on offer to help Australian businesses and workers stay afloat during the coronavirus crisis.

News

News

How Low Can You Go: Could Australia See Negative Interest Rates?

3 min read

Australia's interest rates are the lowest they have ever been, but some countries currently have a zero or even negative interest rate -- here's what happens when they go that low.

National

National

Reserve Bank Makes Emergency Rate Cut In Coronavirus Rescue Plan

2 min read

The official cash rate has been slashed to just 0.25 percent, as the Reserve Bank stages a bid to stimulate the economy amidst coronavirus recession fears.

National

National

What A Coronavirus Recession Means For Australia

4 min read

Australia’s economy would be in serious trouble during a global recession, economists fear, but one says the focus should be on public health, not money.

National

National

'We Will Get Through This': Scott Morrison's Address To The Nation About Coronavirus

3 min read

Scott Morrison has made his address to the nation about coronavirus – the first since Kevin Rudd’s speech about the global financial crisis – urging Australians to remain calm in the face of uncertainty.

Coronavirus

Coronavirus

Morrison Government To Pay Australians $750 In Multi-Billion Dollar Coronavirus Stimulus

5 min read

Prime Minister Scott Morrison has announced a massive stimulus package intended to keep small businesses open and Australians in jobs as the coronavirus crisis wreaks havoc on the economy.

World

World

Bloodbath: Worst Day For Global Money Markets Since GFC

4 min read

Global stock markets and oil prices plunged Monday after a price war among crude producers jolted investors who already were on edge about the surging costs of a coronavirus outbreak.

Coronavirus

Coronavirus

More Than 100 000 Cases Of Coronavirus As Economies Hit Hard

5 min read

Crossing more borders, the coronavirus has infected more than 100,000 people worldwide as it wove itself deeper into the daily lives of millions.

Life

Life

A Passenger's Laptop Was Crushed By A Reclining Plane Seat -- But Who's In The Wrong?

3 min read

Wherever you may stand on the 'recline vs. not recline' debate, surely you can agree no one deserves this.

Brekky Wrap

Brekky Wrap

Children Found Sleeping In Dumpster About To Be Emptied

6 min read

All the news you need to know this Tuesday morning.

World

World

Air New Zealand Reveals New 'Bunk Beds' In Economy Class

4 min read

If you've been dreaming of a good night's sleep on a long-haul flight, this might just be the news you've been waiting for.

News

News

Australia's Economic Recovery From Coronavirus Could Be 'Long and Severe'

7 min read

Australia has weathered economic storms before, but the extent of the effects of coronavirus on some sectors of our economy could be “severe and long-lasting”.

Lifestyle

Lifestyle

Yurts, Lighthouses, Train Cars And Caves: How Aussie Airbnb Listings Have Moved On

3 min read

More than a decade since Airbnb launched and changed the face of travel, Australia's offerings are far more professionalised and are giving travellers quirky experiences to remember.

Jim Stanford

Jim Stanford

The 'Retail Apocalypse' Is Here. Expect More Casualties.

6 min read

If one car crashes while negotiating a sharp corner, investigators will likely blame driver error.

Richard Holden

Richard Holden

Why The End Of Grocery Store Checkouts Could Spell A Jobs Disaster

6 min read

There has already been a fair number of jobs lost to automation over recent decades -- from factory workers to bank tellers.

Jim Stanford

Jim Stanford

This Government Has No Idea How To Prevent A Recession

6 min read

By any measure, last week was a miserable one for economic news.

Brekky Wrap

Brekky Wrap

Off-Duty Officer Shoots Own Son After Mistaking Him For Intruder

4 min read

All the news you need to know this Monday.

Brad Emery

Brad Emery

Game Over: Australia Is Missing Out On The Multi-Billion Dollar Video Game Industry

4 min read

“Press Play On Tape”.

National

National

RBA Drops Interest Rates Again To Even Lower Historic Low

3 min read

The official cash rate has been slashed below one percent, as the Reserve Bank again cut interest rates to unprecedented lows.

Politics

Politics

Aussies Are Spending Less On Clothes And Cafes Despite Tax Cuts

7 min read

The government's tax cuts have not immediately paid off in economic gains and Australia's economy remains "weak" according to some, as the latest figures show an unexpected drop in retail spending.

Lyn Morgain

Lyn Morgain

More Refugees Are Good For The Economy, And Society

4 min read

I vividly remember meeting and getting to know John*, a young man in his late teens, through my past work in health and justice.

Jim Stanford

Jim Stanford

Haven't Gotten A Raise In Years? Um, Yeah, It's Your Fault

5 min read

Blaming the victim is a long and dishonourable tradition in labour policy debate.

News

News

The Aussies More Likely To End Up In Hospital With An Injury

4 min read

Poorer Australians are more likely to be suffer car crashes, drowning, poisoning and burns than those from more privileged backgrounds, a new national report has warned.

Jim Stanford

Jim Stanford

The Gig Economy Is So Much Bigger And More Complicated Than You Think

5 min read

Great attention and concern has been generated in recent years about the ‘gig economy’: the many thousands of individuals who perform various tasks and jobs for pay (‘gigs’), organised through web-based apps and platforms.

World

World

Bank Puts Top Economist On Leave Over 'Chinese Pig' Comments

2 min read

Global investment bank and financial services provider UBS has placed one of its leading economists on leave after comments he made sparked outrage in China and calls for a boycott.

Jim Stanford

Jim Stanford

Making It Easier To Borrow Money Won't Ease One Of The Worst Debt Burdens In The World

5 min read

Just how strong is Australia’s economy really?

Updated

Updated

Historically Low Interest Rates Cut To New Historic Low

3 min read

The Reserve Bank has cut interest rates to a record low of 1.25 percent, the first movement in nearly three years.

National

National

How Your Trash Could Become An Unlikely Treasure For Australia's Economy

4 min read

As Malaysia prepares to send foreign waste back to sender, Australia is figuring out how it will cope with the added stress on an already in-crisis recycling industry.

Jim Stanford

Jim Stanford

Why Cutting Interest Rates Won't Juice The Economy

5 min read

The Reserve Bank of Australia issued its latest interest rate decision this week.

The Project

The Project

Does Reclining Your Plane Seat In Economy Make You The Worst?

1 min read

An article posted on Twitter about where you should recline your plane seat in economy has fired up a fierce debate.

Politics

Politics

Federal Budget Should Spend Big On Poorest Aussies, Economist Recommends

2 min read

It’s time to splash some the of the lucky country’s wealth on our poorest citizens, according to one of the nation’s leading economists.

Jim Stanford

Jim Stanford

Sorry, ScoMo, But A Million Jobs Ain't What They Used To Be

5 min read

A million seems like a big number.

News

News

How The World's Weakening Economy Affects Australia

3 min read

The latest World Economic Outlook projections of slowing global growth -- especially China's economic downturn -- do not bode well for the average Australian.

Tech

Tech

Has The Downfall Of Apple Begun?

5 min read

The short answer is no-- but changes will need to be made to save it from demise.

Nicola Heath

Nicola Heath

I Ditched The 9 To 5 And It's Not As Glamorous As It Sounds

4 min read

There is a downside to the gig economy.