Topic: Economics

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Jobless rate falls to 6.8 per cent as labour market rebounds

Employment rose by 90,000 people in November, the participation rate returned to a record high, and the unemployment rate fell to 6.8 per cent as for a second consecutive month the labour market deliv...

Recap: AICD's 10 most popular articles for 2020

As the year draws to a close, we bring you the 10 most read articles of 2020. Covering the events that happened in the world around us through to the challenges taking place inside boardrooms, this ye...

Feeling good: Consumer sentiment at ten-year high, business confidence up too.

The monthly Westpac-Melbourne Institute Index of Consumer Sentiment rose to a ten-year high in December. Reinforcing the message that households are ending the year in a positive mood, the weekly ANZ...

The Australian economy is growing again

Real GDP rose by 3.3 per cent over the September quarter as the economy started to grow again, technically bringing the COVID-19 recession to an end but still leaving output more than four per cent be...

The growing threat of economic coercion

The use of economic coercion by major powers in pursuit of political objectives is generating new risks for Australian businesses, writes David Uren.

Critical economic questions for the year ahead

Are the federal government's budgetary support measures enough to counter the economic destruction caused by COVID-19? 

November PMIs, October retail sales continue recovery

A relatively quiet week for Australian data ahead of next week’s GDP report. ‘Flash’ Purchasing Manager Index (PMI) estimates for November show Australian business activity rising at its fastest pace...

Employment jumps as wage growth hits record low

October delivered a surprisingly strong labour market result with employment growing by more than 178,000, although a rise in the participation rate also meant the unemployment rate edged up to seven ...

Confidence continues to climb

The monthly Westpac-Melbourne Institute Index of Consumer Sentiment rose to a seven-year high in November, while the weekly ANZ-Roy Morgan Consumer Confidence Index recorded a tenth consecutive increa...

RBA cuts cash rate and promises $100b of QE

Inevitably, this week has been dominated by the closely contested US presidential election. But it has also been a busy week for Australian economic data. Top of the list was another historic day for ...
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