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Economy news in Australia | Page 2
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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
Australia & New Zealand face major dairy export opportunities
Australia and New Zealand face major dairy export opportunities in the coming decade, according to a new report by McKinsey & Company in collaboration with the International Dairy Foods Association (
02 May 2019
Chinese investment into Australia plunges to eight-year low
Chinese investment into Australia plunged to US$6.2 billion last year according to the latest KPMG analysis, down by more than 35 percent to an eight-year low.
09 April 2019
Oceania set for lowest real wage growth globally in 2019
A forecast by human capital consultancy firm Korn Ferry predicts stormy seas for professionals in Oceania, with the region expected to experience a paltry 0.3% increase in real wages in 2019.
25 February 2019
Private wealth in Australia booms to $6.1 trillion and $279,000 per Aussie
Total wealth held in Australia rose strongly over the 10 years to $US 6.1 trillion in 2017 from $US 3.4 trillion in 2007.
14 December 2018
Australia's largest public companies see revenues grow to $659 billion
Australia’s largest public companies – those listed on the ASX50 – have seen their revenues grow by an average of 4% over the past twelve months, according to an analysis by KPMG.
10 December 2018
Consulting is vital to support agriculture industry growth, KPMG finds
The Australian agricultural industry is going through a dramatic period of growth.
21 November 2018
Oceania’s billionaire club grows by nine
The world’s rich-list got even richer this year and Oceania with its relatively low population density took its fair share of the pie.
14 November 2018
Australia’s management consulting market set to expand in 2018
Looking at the combination of Australia’s management consulting market growth in 2017 and the exceptional growth posted by the Big Four firms earlier this year, forecasts for growth in 2018 project a
13 November 2018
Australia’s social progress falters after decade of political uncertainty
Australia is one of the wealthiest countries in the world.
10 October 2018
Australia’s debt crisis in a global context; is it as bad as they say?
A new analysis by McKinsey Global Institute puts 51 countries’ debt into perspective in terms of government, household and non-financial corporate debt.
13 September 2018
The Netherlands’ agri-food exports three times that of Australias
Bordering with Germany and Belgium with a North Sea coastline, the Netherlands is one of the world’s most densely populated countries.
04 September 2018
'There are no winners in a trade war' says KPMG Australia
The escalating trade war between the United States and China could play out in three distinct ways.
28 August 2018
New Zealand named the globe's most start-up friendly nation in 2018
New Zealand has been ranked number one overall in a global study of the regulations and requirements necessary to start a business.
21 August 2018
Creative economy needs to become central to the Australia’s national agenda
The international playing field has changed dramatically with the arrival of the creative economy and Australia cannot just sit by and watch, warns PwC’s Chief Creative Officer, Russel Howcroft.
16 August 2018
Australia ranks second in Asia Pacific in global prosperity ranking
Australia has been named the Asia Pacific’s second most prosperous country in 2018 behind only Singapore.
06 August 2018
KPMG releases damning recommending for overhaul of 'patchy' tertiary system
Global Big Four professional services firm KPMG has released a report which suggests Australia should reimagine it’s tertiary system in order to prepare for an ‘unknown’ and disrupted future.
02 August 2018
Phoenixing costs Australia’s economy $5 billion, finds PwC report
A high estimate of $5 billion is being wiped off Australia’s economy due to phoenixing, or illegally dissolving a company and then rebuilding it from the ashes according to a PwC report commissioned
26 July 2018
Professional services grow to become one of Australia’s largest industry groups
The Australian professional services industry has grown by 30% since the beginning of the decade to become the fourth largest industry group in the country.
24 July 2018
Six Australian cities listed in Mercer’s Cost of Living Index 2018
In the latest edition of consulting firm Mercer’s Cost of Living Index, all Australian cities have fallen in the rankings.
20 July 2018
Chinese investment declined by 11% in 2017 finds KPMG Australia
The annual rate of investment by Chinese investors in Australia dropped over the last year from $15.4 billion to $13.3 billion.
13 June 2018
Australian millennials are losing faith in profit driven businesses
The 2018 Deloitte Millennial Survey identifies several key attitudes that Australian millennials hold towards big business and also about the future in general.
07 June 2018
Malcolm Turnbull is best paid global leader according to IG consultancy
IG Group has released a ranking of OECD leaders and their paychecks for holding the top job in their respective countries.
28 May 2018
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