Economy news headlines

The top peak bodies for the renewables sector have estimated that Australia needs 2 million new jobs to reach "net zero" by 2050.

Australia's transition to a cashless society is inevitable and could happen by the end of the decade, an RMIT finance expert has claimed.

Australians are quitting their jobs in search of a career change, and experts say now is the perfect time to take the leap.

A panel of economists questioned by Finder for its RBA Survey say there is a roughly one-in-three chance that Australia will find itself in a recession in 2024.

Over the past year, the number of households that have fallen a month or more behind in mortgage repayments has increased in every state and territory

Job vacancies may have fallen across a range of sectors in Australia in recent months but some sectors are bucking the trend.

But he warned pressures on the budget were intensifying, not easing.

Opening up almost all major Australian airports to unlimited access for international airlines could help to drive prices down, the Productivity Commission has told senators in a push to liberalise the market.

Businesses can save thousands a year by providing dual cab utes to employees, as they do not have to pay fringe benefits tax.

The NSW Riverina town of Junee once had four banks. Six years ago, this went down to two - and then ANZ left.

While digital payments are faster and more convenient, the demise of cash comes with potential pitfalls.

The number of Australians participating in the workforce has hit a record high.

A Queensland home that last sold for $25,000 has hit the market with a million dollar price tag. 

India's Prime Minister has sparked questions about whether the nation could be headed for an official name change after 'India' was replaced with a Sanskrit word on G20 Summit invitations.

The no-show of China's top leader – unprecedented since the first such summit was held in 2008 – will likely be seen as a snub to India.

Australian GDP grew by 0.4 per cent in the June quarter – slightly ahead of market expectations.

The council of the UK's second largest city has shut down all spending except on essential services.

A spike in global oil prices and jitters over China's economy saw the currency drop to a 10-month low.

There has been a mixed reaction to the departure of the airline CEO, with hopes the national carrier can now regroup after a tumultuous period.

A firm warning has been issued to landlords after a review revealed nine in 10 rental property owners have been doing their tax returns wrong.

There are signs the state's tight labour market is shifting, a survey of businesses found.

New research released today showed values picking up across the country.

The ruling opens the door to an investment product that investors have been demanding for years.

Michele Bullock says climate change poses a "particularly acute" challenge to the Australian economy.

Investors are concerned the property giant's woes could impact the wider economy in China.

One of its VIP gaming floors will close as the casino fails to attract high-roller gamblers.

House prices have doubled over the past 10 years in suburbs across Australia.

Evergrande's US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China's spectacular growth over the past 30 years.

But the return of the supermarket has kicked up a stink with some NZ shoppers.

The property juggernaut has an eye-watering $US270 billion worth of liabilities.

The FIFA Women's World Cup side is facing France in the quarter finals in Brisbane at 5pm.

Philip Lowe said that while many were suffering, he had also received many letters 'thanking' him for raising rates.

A slowing Chinese economy would help push the value of our currency down to record levels, a leading investment analyst warned.

Potential reforms being flagged include limiting landlords to one rent increase every two years.

Two key indicators plummeted by double digits, in a slide likely to impact countries like Australia.

Experts are divided on whether or not the board will elect to push rates another 0.25 per cent higher.

Economists are split on whether the bank will lift the cash rate again tomorrow.

In addition to easier travel the PM, and his NZ counterpart, announced a new trans-Tasman roadmap, which will stretch to 2035.

The number of notes in circulation declined for the first time since dollars and cents were introduced in 1966.

Tasmania's economy is still leading the nation but NSW is gaining fast, according to a prominent quarterly economic report card.

The cost of living is adding up, but this week one set of numbers will matter the most.  

The federal government is rolling out a 'more comprehensive' way of measuring Australia's progress, looking beyond just economic factors.

New data from the Australian Bureau of Statistics (ABS) showed that in June, the number of employed Australians increased by 33,000 people.

We were told it was coming, but the end of a tax policy has left many unpleasantly surprised - and the timing couldn't be worse.

The NSW government has to cough up damages to two businesses affected by the delayed construction of the Sydney light rail, with more court claims expected to follow.

Commonwealth Games heads say they were given just hours' notice and slammed cost blowout claims as 'gross exaggeration'.

Australians lost more than $221 million in crypto scams last year, leaving the average victim stripped of $56,600.

ABS data revealed household spending on discretionary goods and services - meaning non-essential items - was 0.6 per cent lower compared to May last year.

The club is a way of getting countries to voluntarily set high targets and then require trading partners to meet those standards.

The PM is finalising plans to export more than 1000 locally made Boxer heavy weapon carrier vehicles to Germany, starting in 2025.