Economy

Australia’s economy has been ranked 14th globally in a study which measures the capacity and readiness of 63 economies to adopt and explore digital technologies as a key driver for economic transformation. IMD’s World Digital Competitiveness Ranking highlighted weaknesses in business agility, technology skills and communications...

Around AUS$60 billion in value was knocked off the Australian Stock Market (ASX) today in the wake of a major recession warning in the US, which prompted the worst one day fall at Wall Street in 2019. The benchmark ASX 200 index mirrored the Wall Street...

Latest figures from the Australian Annual National Accounts have revealed that the size of the economy has reached over AUS$1.8 trillion, a 2.8% increase in the 2017-18 financial year. The largest industries in the Australian economy in 2017-18 were financial and insurance services, mining, construction and...