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No news found.
Australia's economy poised to start bouncing back in 2021
As the Covid-19 tide gradually turns a corner towards recovery, Deloitte Access Economics has taken stock of Australia’s economy – forecasting a much brighter 2021 than originally feared.
19 January 2021
Mid-tier mining companies leading Australia's economic recovery
Mid-tier mining companies have been the backbone of Australia’s economy amid Covid-19, and will be instrumental in the post-pandemic recovery. A new PwC report highlights the segment’s contribution.
13 December 2020
Sydney and Melbourne in Kearney's top 25 global cities
Two of Australia’s largest cities have been listed among the world’s best places to live and work.
03 December 2020
Drones can boost Australia's GDP by $15 billion over 20 years
The drone economy is vibrant in itself, while also bringing myriad potential savings to other key sectors in Australia.
22 November 2020
Climate change a $3.4 trillion opportunity for Australia
Inaction on climate change could cost the Australian economy $3.4 trillion in the lead up to 2070, while the right steps could add nearly $700 billion.
16 November 2020
Regional Universities Network contribute $2.4 billion to economy
In a new report, Nous Group has measured the economic impact of Australia’s Regional University Network (RUN) to find that it contributes well over $2 billion in real GDP terms to the economy.
03 November 2020
Chinese-origin Australian entrepreneurs bring notable economic value
A new report reveals that locally established Chinese entrepreneurs in Australia are strong contributors to the economy, generating steady revenues and acting as a bridge between the two economies.
06 September 2020
Australia jumps two spots on Kearney's FDI Confidence Index
For the eight year in a row, the US is the world’s most attractive country for foreign direct investment, according to latest FDI Confidence Index from Kearney.
21 July 2020
Second Covid-19 wave can cost over $100 billion, warns Deloitte
Experts at Deloitte Access Economics suggest that a second wave of infections in Australia could land a devastating blow of $100 billion to the economy, as fear of infection will subdue consumers and
07 July 2020
Seven ways how consumer behaviour is changing for good
Looking beyond the current Covid-19 pandemic and economic crisis, seven trends in consumer behaviour are here to stay.
06 July 2020
Chinese investments into Australia at lowest point in decade
Chinese investment into Australia declined for the third year in a row last year, marking the lowest level of investment since 2008 according to KPMG.
15 June 2020
Eight recommendations for economic recovery in Australia
The Covid-19 crisis might pan out in a number of ways for Australia’s economy, but a few objectives can remain constant irrespective of the final outcome.
14 June 2020
Five key growth sectors for Australian businesses in India
By 2050, India is expected to be the world’s second largest economy behind China, providing Australian businesses and tertiary institutions with a wealth of growth opportunities.
09 June 2020
Employment in hard hit sectors will need years to recover
A new report reveals that Covid-19’s impact on the job market is going to be severe.
27 May 2020
Majority of Australians to go basic and cut luxury spend
More than 60% of Australian consumers plan to cut luxury spending in the post Covid-19 economy, shifting their focus to essential spending instead.
10 May 2020
People and businesses to lose $60 billion in just months
As the Covid-19-induced downturn continues to grapple the world, more and more is becoming clear on its devastating impact on the economy.
03 May 2020
Covid-19 will more severely affect society’s vulnerable groups
While the Covid-19 outbreak will have a major impact on practically all people, it will more severely affect people with vulnerabilities, say Monique Jackson and Simone Schulz from Nous Group.
21 April 2020
Australia's legal cannabis market blooms to $1.5 billion by 2025
As various phases of legalisation come into effect in different parts of Australia, the country’s cannabis market is expected to break through the barrier of US$1.
12 April 2020
What is the impact of the Coronavirus on Australia's economy?
The Coronavirus, known as Covid-19, is having a significant negative impact on the global economy.
17 March 2020
Australia's LNG exports to be impact by the coronavirus
Although safe from disruptions so far, Australia’s vibrant liquefied natural gas (LNG) sector could face considerable financial risk from the coronavirus, given that Australia is currently China’s la
24 February 2020
Optimism of Australian CEOs nosedives to record high
Optimism of chief executive officers about the global and Australian economy has slumped to a record low, according to a new study by PwC.
09 February 2020
Coronavirus could deliver a $2 billion hit to Australia's economy
A reduced flow of people from China as a result of the Coronavirus might deal a $2.3 billion blow to the Australian economy, according to a PwC study.
02 February 2020
Growing middle-market segment a driver of Australia's economy
Average revenues in Australia’s middle-market business segment have increased by as much as 10% in the last half a decade, according to new analysis from accounting and advisory firm BDO.
27 January 2020
Sydney's bushfires costing $50 million a day, finds consultancy
As Australia’s blistering heat wave continues to unfold, the cost of Sydney’s bushfires has reached up to $50 million worth in economic damages per day.
23 December 2019
Australia's cloud market size to boom to $11 billion by 2023
The Boston Consulting Group (BCG) expects the public cloud market in Australia to surpass the $10 billion mark by as early as 2023, with a significant contribution to jobs in the country as well.
15 December 2019
Better university student performance adds billions to economy
Tackling major challenges currently facing the Australian education system could add $3.
10 October 2019
Closing Australia's gender gap adds billions to economy
Analysis from Big Four accounting and advisory firm KPMG has revealed that the economic value of a more balanced workforce in Australia could translate into an economic benefit of approximately $60 b
09 September 2019
CEOs in Australia display a positive approach to changes in economy
CEOs in Australia appear to be relatively unphased by the economic uncertainty currently prevalent in the economy, as most appear to be optimistic about their growth prospects in the near future.
01 July 2019
Australia a leading destination for migrant millionaires
Australia has openly welcomed twelve thousand special category migrants in 2018 – those who are classed as millionaires.
29 May 2019
Concern over AI outweighs confidence in its value for Australian businesses
While businesses in Australia perceive investment in artificial intelligence (AI) to be remarkably urgent, a number of them appear not to be ready for the advent of AI technology, according to a new
27 May 2019
Deliveroo to boost Australian labour market by 31,000 jobs
The dining sector has been irrevocably changed by the disruptive force of bicycle-based delivery apps such as Deliveroo.
24 May 2019
Lights out Down Under: an analysis of Sydney’s nighttime economy
A report by Deloitte Access Economics, titled ‘Imagine Sydney: Play’ has analysed the potential of Sydney’s nighttime economy (NTE) and come up with striking numbers.
20 May 2019
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