Chief economists say global recession ‘likely’ in 2023

Challenges in the economy appear to have spilled into the new year, as chief economists surveyed by the World Economic Forum believe a global recession
Petrol prices expected to soar above $2 a litre again

Petrol prices could hit $2.15 a litre in coming weeks as capital cities return to the top of their fuel cycles and the return of
Australia trade surplus unexpectedly dipped in August

Australia’s trade surplus has unexpectedly dipped by $643 million in August to $8.3 billion, undershooting expectations of a $10b surplus. It’s the 56th consecutive monthly
Gartner: Four ways chief supply chain officers can respond to inflation

Over the next few months, chief supply chain officers (CSCOs) must focus on four priorities to prepare their leadership response to high inflation and recession
Keeping tabs on prices has never been more important

In this opinion piece, the Hon Andrew Leigh discusses why it is vital to keep tabs on prices to address inflation in an era of
Consumer confidence surges amid interest rate rise

Consumer confidence has hit its highest level since late June, leaping 4.9 per cent in the past week. The weekly ANZ-Roy Morgan survey released on
Queensland leads tourism out of Covid downturn

Queensland is leading the tourism industry out of the pandemic slump with domestic visitors staying longer and spending more in the Sunshine State. Data released
New report points to continued recovery for South Australia

Inflation, rising interest rates and other strains on household budgets will not halt South Australia’s economic recovery following the COVID-19 pandemic, a new report has
RBA show uncertainty on inflation and rates outlook

The Reserve Bank of Australia (RBA) has expressed uncertainties on how inflation will evolve given recent developments in global energy markets and ongoing supply chain