Business News

Take care when examining the economic impact of fires. GDP doesn't tell the full story

Written by Janine Dixon, Economist at Centre of Policy Studies, Victoria University

It is possible to calculate the impact impact of fires, but not using GDP.Shutterstock/Andrew Brownbilll/AAP

Estimates of the economic damage caused by the bushfires are rolling in, some of them big and some unprecedented, as is the scale of the fires themselves.

These types of estimates will be refined and used to make – or break – the...

Physical retail roars back: Christmas 2025 expected to be the biggest in years
Physical retail is back and it’s booming. Shopping centres across Australia are preparing for one of the biggest Christmas …
Australian franchise powerhouse, Success Tutoring, kicks off Canadian launch targeting 120 Locations by 2029
Success Tutoring, the world’s fastest-growing personalised learning franchises, is officially launching in Canada, with plans…
Jim’s Group relaunches Jim’s Legal — bringing accessible, affordable legal services to everyday Australians
Jim’s Group, one of Australia’s most trusted household brands, has announced the fresh launch of its national division, Jim…
As AI leader Nvidia posts record results, Warren Buffett’s made a surprise bet on Google
Fortune Live Media, CC BY-NC-NDThe world’s most valuable publicly listed company, US microchip maker Nvidia, has report…
New data shows the ACT and Queensland’s economies are beating the rest of the nation
The Australian Capital Territory and Queensland have won bragging rights for having the fastest growing economies in Australi…
Real wages have grown – just – over the past year. But they’re still down near 2011 levels
New data show wages have risen by a bit more than inflation, but overall real wages are still languishing near 2011 levels.Ov…

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…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

Top 7 Benefits Of Effective Communication In The Workplace
Do you know the secret behind successful companies? You would be surprised to know that these so-called successful companies invest millions in teaching their employees effective communication through in-house training…
Fortescue has put its ambitious green hydrogen target on hold – but Australia should keep powering ahead
zanaputritidur/ShutterstockAustralian mining and energy giant Fortescue announced late on Wednesday that its ambitious green energy goal – to produce 15 million tonnes of renewable hydrogen annually by 2030 – will…
5 Common Product Management Challenges
Product management entails wearing different hats day by day to ensure the success of your product. This role also involves facing many challenges along the way. However, with careful planning…

Brisbane’s brightest recognised: Daniel Mikus and James Rolph win Specialist Services Award at the 2025 Brisbane Young Entrepreneur Awards - again

Young Brisbane entrepreneurs Daniel Mikus and James Rolph, cofounders of MR Group, have been officially crowned winners of the Specialist Services...

Members greenlight merger of Regional Australia Bank and Summerland Bank

Regional Australia Bank and Summerland Bank will proceed with a merger after members approved the move at their Annual General Meetings this week...

DesignStreet marks 27 years with a bold rebrand

In a fast-moving industry defined by continuous disruption, one independent creative agency is proving that longevity and innovation can go hand i...

Deputy partners with SuperAPI to streamline employee onboarding and help get shift-based industries ready for PayDay Super

Deputy, the global people platform for shift-based work, has announced a new partnership with SuperAPI, marking a major enhancement to its HR pro...

KuCoin invests in Australian sponsorships of the ACC, plus a major campaign with golf icon Adam Scott

KuCoin, a leading global crypto platform built on trust, announced the appointment of James Pinch as the Australian Managing Director, the establish...

Australian companies pitching to the world’s wealthiest investors

#CapTech 2025 to bring world investors to Australia’s doorstep One of Australia’s leading business and capital events is bringing together inves...