Retail turnover falls after Christmas shopping spree

Shoppers tightened their purse strings in December after easing restrictions and online sales events encouraged them to spend big the month before. Preliminary retail figures released by the Australian Bureau of Statistics shows turnover in…




Chalmers calls on govt to extend targeted JobKeeper

Shadow treasurer Jim Chalmers has urged the federal government to provide continued support to businesses affected by international border closures. Speaking hours after the ABS revealed unemployment fell slightly in December, Dr Chalmers told reporters…


Unemployment rate drops to 6.6 per cent

Australia’s unemployment rate has fallen to 6.6 per cent after the economy gained 50,000 new jobs in December. The figures – an improvement on 6.8 per cent in November – were broadly in line with…