Business News

Living in ‘garbage time’: when 500 million Chinese change their spending habits, the world feels it

Written by Christian Yao, Senior Lecturer, School of Management, Te Herenga Waka — Victoria University of Wellington

China’s economic rocket ride appears to be ending – or slowing, at least. Growth has declined from 8.4% in 2021 to 4.5% today, youth unemployment has climbed to 16.9%, and cities are filled with unfinished buildings after the collapse of property developer Evergrande in 2024.

For a while now, a phrase has been buzzing...

Necessary Improvements to Make to Your Construction Business
Running a successful construction business requires continuous adaptation to a fast-evolving market. From finding new ways …
Living in ‘garbage time’: when 500 million Chinese change their spending habits, the world feels it
B.Zhou/ShutterstockChina’s economic rocket ride appears to be ending – or slowing, at least. Growth has declined …
Labor wants to give the minimum wage a real boost. The benefits would likely outweigh any downsides
Labor has called for an “economically sustainable real wage increase” for almost 3 million workers who depend on …
‘Behind every claim is a grieving family’. Death benefits inquiry demands change but lacks penalties
SeventyFour/ShutterstockWhen Lisa’s husband passed away unexpectedly, she assumed accessing his superannuation death be…
Reserve Bank holds rates steady, cautious about the economic outlook
The Reserve Bank of Australia left its benchmark interest rateunchanged at 4.1% today, stressing the uncertainty in the econo…
A ban on price gouging and new powers to break up supermarkets are on the table this election. Would either work?
wisely/ShutterstockWith the federal election campaign now underway, Prime Minister Anthony Albanese has promised that if re-e…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Renting a House? Why Renting Furniture Makes Perfect Sense
Moving into a new rental property is an exciting milestone, but it also comes with many decisions—one of the biggest being how to furnish your home. Buying furniture outright can…

Of Australia's 32 biggest infrastructure projects, just eight had a public business case
Politicians love the vote-pulling power of major transport projects. They also quite like to keep details of of how they’ve decided to fund a project under wraps, avoiding the pesky…
Make Your Medical Practice Healthier than the Competition
With all the responsibility on you in operating a medical practice, is it going in the way you’d like? In the event things in fact could be healthier with your business…
Unemployment below 3% is possible for the first time in 50 years – if Australia budgets for it
The Morrison government could achieve unemployment rates once seen under Australia's longest-serving Prime Minister Robert Menzies.National Library of AustraliaWhat’s the boldest thing the Morrison government could do in next month’s…

ATO scrutiny not slowing surge in small business restructures

Small Business Restructuring (SBR) appointments have tripled in the first half of the 2025 financial year¹, revealing both growing awareness of th...

Temu expands partnership with Adyen as it launches across more markets

Adyen, the financial technology platform of choice for leading companies, today announced its expanded partnership with Temu, the global e-commerc...

Blend AI scales up in the USA following ecommerce success

Sydney, Australia – 1st April, 2025: Blend AI, a leading Australian adtech company, has announced the opening of its first US office in Austin, Te...

Why the Way We Think About Employee Wellbeing Is Holding Us Back

Workplace wellbeing has finally reached the mainstream. It’s no longer seen as a ‘nice to have’ or an afterthought—it’s a core business issue. But d...

Samsara Eco expands global leadership team

Industry heavyweights join Samsara Eco to accelerate its enzymatic recycling technology Chief Innovation Officer and Executive Product Director a...

National Print Awards Announce Ricoh Women in Industry Award

The National Print Awards (NPAs) are proud to introduce the Ricoh Women in Industry Award, a prestigious new accolade recognising and celebrating ...