State and territory health authorities are on high alert after cases of COVID-19 were detected in the Northern Territory, Perth, and Brisbane. Darwin is entering its first full day of lockdown over fears of transmission at a mine site, while new mask mandates are i...

News of financial support for locked-down NSW businesses could be days away, Premier Gladys Berejiklian says. Until midnight on July 9, non-essential businesses across Greater Sydney, the Blue Mountains, Central Coast, Wollongong and Shellharbour will be forced to ...

A smaller Australian population due to COVID-19 will hurt the economy for decades to come, the government's new Intergenerational Report has warned. More »   

Australia’s major banks have indicated they will support Sydney businesses with deferred loan repayments and waived fees as the city heads into a two-week lockdown. More »   

One in four Australian businesses say they’re struggling to find suitable staff to fill job vacancies, according to newly-released ABS data. The survey of business conditions points to increased wage pressures that could lead to faster growth than that projected by ...

The week-long lockdown of central Sydney and surrounding suburbs will cost at least $700 million in lost trade and $60 million in wasted product, peak industry organisations state. More »   

The labour market appears as if it is running out of steam after a roaring recovery saw job vacancies boom. Job ads, typically a forward indicator of employment growth, are up more than 45% on pre-pandemic levels, Indeed figures show. More »   

Good morning, folks and congratulations. It's Friday. 1. Premier Gladys Berejiklian is resisting calls to lock down the state, after COVID cases in New South Wales approach 50. Overnight more exposure sites were added, spreading from Randwick and Potts Point to Alexa...

A lockdown has been announced for the eastern suburbs of Sydney from midnight on Friday, impacting Woollahra, Waverley, Randwick and the City of Sydney local government areas (LGAs). More »   

A landmark Senate inquiry has leveled 15 recommendations it hopes will make platform work safer and fairer for those participating in Australia's gig economy. More »   

Real estate agents are a scourge on humanity, and conveniently one that can be scrubbed from it with the latest technology or, failing that, a good Excel spreadsheet. More »   

Wise, formerly TransferWise, is expanding into Fiji as it looks to overhaul the Pacific money market. With remittances making up 5% of the local economy, Australia country manager Tristan Dakin said it is hoping to shake up the market and make transfers cheaper, f...

The Moderna COVID-19 vaccine is one step closer to rolling out in Australia after the Therapeutic Goods Administration (TGA) granted it provisional registration. More »   

A new Tourism Australia report has revealed that $80 billion in revenue was lost by the sector in 2020. It comes as another round of border closures hit tourism operators as a result of Sydney’s growing COVID-19 outbreak this week. More »   

Good morning all. 1. New restrictions now apply in Greater Sydney and several other nearby metropolitan areas of New South Wales. They include a 5 person limit on visitors to homes, and compulsory masks in all non-residential indoor settings. "We don’t take these st...

The Reserve Bank of Australia (RBA) has again signaled the interest rate will remain at 0.10% until 2024, despite Australia's economic recovery. The recovery has been "far sharper than most of us would have dared imagine a year ago," RBA assistant governor Luci Ell...

Afterpay will begin allowing customers to split payments at retailers with which it doesn't already have a partnership. Initially, select users in the US will be able to generate a 'one-time card' to make purchases with Afterpay at the country's largest retailers,...

New South Wales avoided another lockdown on Thursday after health authorities revealed eleven new cases of COVID-19 in the community. The state's current restrictions are an "appropriate" response to the ongoing cluster, Premier Gladys Berejiklian said. More ...

Following an explosion in property prices in 2021, economists and experts say meteoric price increases will not continue into the second half of the year. More »   

The overwhelming majority of tax return dollars are unlikely to make it into the real economy, according to the latest survey by Finder. Responses indicates that just 7% of Australians actually intend to spend their return this year, with half of all recipients al...

Kmart 'hack' pages and influencers devoted to the Australian department store brand have become a major force online, helping to rehabilitate the brand's image and bottom line. More »   

The NSW government’s budget, released on Tuesday, suggests it does not expect regulators to step in to manage the state’s hot property market. While last week the RBA voiced concerns about unsustainable price growth, experts say it’s unlikely it will take action...

Good morning, team. I trust you're all well. 1. Face masks will be required in all indoor public areas across Greater Sydney for another week, Premier Gladys Berejiklian announced yesterday. The restrictions, which were set to end at midnight tonight, were extended in...

Airline Virgin Australia says it will award a million Velocity Frequent Flyer points to a vaccinated Australian in an attempt to boost the COVID-19 vaccination rate. More »   

The Commonwealth Bank economics team is now forecasting interest rates to rise as soon as next year, two years earlier than the RBA. Australia's central bank has repeatedly stated the official cash rate will remain at 0.10% until 2024 "at the earliest" as it tries...