Business News

Our needlessly-precise definition of a recession is causing us needless trouble

Written by John Hawkins, Assistant Professor, School of Politics, Economics and Society, University of Canberra

Later today we’ll know what the bushfires and the coronavirus did to the economy in the three months to March: whether gross domestic product grew (as is usual) or whether it shrank (as is rare, and heralds a recession).

Gross domestic product (GDP) is an imperfect measure of everything that’s produced in the three...

Nationalism is surging – changing the way companies do business overseas
The resurgence of nationalism across the globe is not just a political issue. It’s emerging as a powerful force that mu…
ASIC’s lawsuit against Cbus has put the big super funds on notice
Yuri A/ShutterstockDoes your superannuation fund also provide you with insurance? Many of us are automatically enrolled witho…
Trump’s tariffs are nothing new – NZ’s real problem is the failing free trade system itself
Getty ImagesHeadlines following Donald Trump’s election victory focused largely on the influence of personalities, such…
Australia’s leading bed maker and expert in sleep wellness accelerates global expansion
A.H. Beard, the Australian-made and family-owned bed maker and sleep expert, has unveiled ambitious global expansion plans …
The crypto community sees a powerful new friend in Donald Trump. Here’s why
Karolina Grabowska/PexelsIt can be hard to make sense of the price of bitcoin, which has swung wildly throughout its history…
Jim Chalmers has provided an extra $900 million to boost productivity. But this ‘high priority’ problem is going to need an across the board effort
Productivity is the greatest structural problem in our economy, according to Treasurer Jim Chalmers. He says there is “…

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…

Reventon’s Brick by Brick Charity Build to Auction Fully Furnished Family Home
Imagine transforming a $1 million dream home into hope and security for countless Australians in need. Imagine no more. In a groundbreaking act of generosity, Reventon, a Melbourne-based property investment and…

Product of the Year 2024 Awards
ENTRIES FOR THE 2024 PRODUCT OF THE YEAR AWARDS ARE NOW OPEN – AS THE AWARDS CELEBRATES ITS 15TH ANNIVERSARY. Product of the Year (POY), the world’s largest consumer-voted awards has…
Unit4 Appoints Tom Ascroft as Chief Information Security Officer
Unit4, a leader in enterprise cloud software for people-centric organisations, today announced the appointment of Tom Ascroft as Chief Information Security Officer (CISO). As CISO, Tom will be accountable for…
Dive Into the Depths of Competitive Swimming
Swimming competitions are a fantastic method to improve your physical and mental stamina and are also a terrific way to get in shape. The physical and emotional obstacles of competitive…

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