The rapid decline in the unemployment rate to a decade low looks set to come to an end, a casualty of multiple virus restrictions across the country in recent weeks.
More transport workers are threatening strike action after talks broke down with their employers StarTrack and FedEx, in what the Transport Workers' Union says has "the potential to cause chaos" to parcel deliveries.
The Australian economy is set to take a whack from the impact of half of the population being in lockdown, but Treasurer Josh Frydenberg is confident it won't result in a second recession in as many years.
The official cash rate should remain at a historic low of 0.1% for at least one year, according to The Australian National University’s RBA Shadow Board.
Oh well, Katter has an opinion, writes C. Wright of Canberra. Our economy is intertwined with China. Australia and China have a history of mutual benefit.
