The top Aussie holiday hotspots where summer tourists spent up big
Aussie holidaymakers have helped boost the fortunes of local businesses across the country’s booming tourism hotspots which have soaked up a surge in peak summer spending.
Australian Housing Approvals Slump 3.6% as Construction Pipeline Tightens
Australia's construction sector experienced a 3.6% decrease in dwelling approvals in November, reflecting supply challenges such as material shortages and changing market dynamics like increased demand for sustainable housing options.
Australian Living Standards Crisis: Treasury Data Shows No Recovery Until 2030
Australia is suffering from its worst living standards crisis on record, with Treasury forecasts showing citizens will not regain their 2022 living standards until 2030, confirming an unprecedented eight-year decline under the Albanese Labor government due to economic challenges such as.
Record Australian Car Sales Mask Growing Market Challenges and EV Adoption Hurdles
Record vehicle sales continue in the Australian automotive industry in 2024, but there are still some concerns about market sustainability and the transition to low-emission vehicles.
Major Infrastructure Win: Federal Government Pledges 80% Funding for Bruce Highway Safety Upgrade
Prime Minister Anthony Albanese pledged $7.2 billion for Queensland's Bruce Highway to upgrade the road as part of the government commitment to make the road safer, hence reducing the deaths in the region.