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Economy news in Australia

An overview of news, trends and research in the category Economy in Australia:

Australia retains 10th spot on Kearney’s global foreign direct investment index Cited for its economic performance, Australia has held on to tenth spot for the third consecutive year on the latest foreign direct investment confidence index compiled by management consultancy Kear
14 May 2025
Apples Never Fall analysis outlines benefits of foreign film production in Australia As the US government floats further tariffs on foreign-made films, research and analysis consultancy Oxford Economics has released a timely report on the benefits of local production.
14 May 2025
PwC CEO Kevin Burrowes reflects on global CEO expectations for 2025 PwC’s Australia boss Kevin Burrowes has commented on the findings of the firm’s latest annual global CEO survey, noting the benefits of longer leadership tenures in driving business reinvention.
10 February 2025
Gen X has now overtaken Baby Boomers for property wealth An analysis of asset distribution across four generational groups conducted by KPMG has concluded that Gen X has now overtaken Baby Boomers for property wealth, as well as to shares.
08 January 2025
Report: Bold leadership need to realise Perth’s ‘undeniably bright’ future With a stunning natural environment, great weather and strong economy, Australia’s sunniest capital city, Perth, has a lot to offer.
06 January 2025
Boosting New Zealand's productivity at a national level Ian Walsh, an Auckland-based partner at Argon & Co, shares why productivity should be a key priority for New Zealand, and what measures can be taken to lift it to the next level.
06 August 2024
Will Taylor Swift’s Australia tour really add a billion dollars? According to some experts, Taylor Swift’s presence in Australia could be worth north of a billion dollars to the national economy, however KPMG’s Brendan Rynne says the reality is much much lower.
22 February 2024
Sydney tops Melbourne in Mercer’s global city rankings for expats After a break due to Covid-19, human capital consultancy Mercer has released its first global city rankings for expats since 2019, with top-ten entrant Sydney claiming bragging rights over Melbourne
22 December 2023
Generative AI to disrupt $600 billion in economic activity Generative AI, which allows users to easily create text, images, videos, and other media with minimal input, is set to disrupt a $600 billion cross-section of the Australian economy.
18 September 2023
Australia regains top 10 spot in Kearney’s FDI Confidence Index A thawing in tensions with China and strong commodities market has seen Australia rebound in the latest FDI study compiled by management consultancy Kearney, having last year fallen four spots.
16 April 2023
Gas contributes over $70 billion to Australia's national economy Gas generates over $70 billion-a-year in domestic economic activity to underpin 3.4% of GDP, while supporting 241,600 Aussie jobs.
07 November 2022
Financial abuse costs victims and Australian economy $11 billion In a wide-ranging study commissioned by the Commonwealth Bank, researchers from Deloitte Access Economics have concluded a near $11 billion annual cost to victims of ‘financial abuse’ and the Austral
20 March 2022
Trends in 2022: Addressing Covid’s impact on youth and lithium bottlenecks Addressing the impact from Covid on youth health and issues around the growing demand for lithium are two of the hot topics for the year ahead according to Kearney’s annual predictions.
03 January 2022
EY urges economic shift in face of international climate action Professional services firm EY has warned that close to two thirds of the Australian GDP is at risk from international net-zero actions, urging the government to transition sooner rather than later.
07 November 2021
Uncovering the modern entrepreneur in Australia Entrepreneurs are the backbone of Australia’s economy. Small and family businesses generate more than one-third of the country’s GDP, and provide for two-thirds of all jobs on the island.
06 June 2021
How SMBs in Australia are adapting to the pandemic Technology has been a saving grace for small and medium businesses in Australia through the pandemic – as they sought business continuity, cost savings and flexibility to survive challenging conditio
25 May 2021
The economic value of Australia's $2.2 billion physiotherapy industry Australia’s physiotherapy sector is growing in size and scope – boosting quality of life and reducing the cost of treatment for a whole host of medical conditions.
16 May 2021
Circular economy worth $2 trillion to Australian economy Establishing a circular economy in Australia presents a massive $2 trillion opportunityaccording to accounting and consulting firm PwC, with significant environmental benefits to boot.
28 March 2021
High net-worth individuals rethink wealth planning amid Covid-19 The pandemic has given wealthy segments of society much to worry about, causing many to take a closer look at their investments.
17 March 2021
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

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