During a recent visit to Queensland, Prime Minister Anthony Albanese announced the government’s intention to create the Future Made in Australia Act this year.
National household discretionary spending declined by 1.1 per cent through the year to October 2023, but just got back in the black for the year to November (+0.3 per cent).
COVID-19 imposed significant pain on critical service industries such as tourism and international education, but the world’s emergence from the worst of the pandemic has provided an opportunity to reset.
The most recent accounts data from the Australian Bureau of Statistics showed that the national economy grew by 0.2 per cent in the quarter to March 2023.
Border closures and local lockdown measures aimed at containing the COVID-19 virus had massive impacts on local, interstate and international travel across the globe.
Uneven population growth across the state’s geography gives some cause for concern that workers are still not being drawn to regional areas to support local businesses and economies.
