Population growth slumps to 15-year low as people leave Australia

Population growth slumps to 15-year low as people leave Australia

The coronavirus pandemic was expected to cut Australia’s population growth. New figures show it dropping to its slowest rate since 2005.

  • byShane Wright

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Budget update shows $15.9b improvement but unemployment still a worry

Budget update shows $15.9b improvement but unemployment still a worry

The Morrison government will not start trying to repair the budget bottom line until 2024 despite a $15.9 billion improvement in the nation’s finances.

  • byShane Wright andJennifer Duke
Floating like a butterfly ... but there’s a sting in the budget update

Floating like a butterfly ... but there’s a sting in the budget update

The budget and economy is improving. But it’s impossible to ignore record debt and deficits left by the coronavirus recession.

  • byShane Wright
Unemployment rate falls as Victoria bounces back:ABS

Unemployment rate falls as Victoria bounces back:ABS

About 90,000 people got back into the workforce in November.

  • byJennifer Duke andShane Wright
Job ads back to pre-pandemic levels as iron ore improves budget deficit

Job ads back to pre-pandemic levels as iron ore improves budget deficit

The mid-year budget update will show a better bottom line than that predicted in October thanks to much higher iron ore prices and a better jobs market.

  • byShane Wright
Lost in space:Office return key to economic lift-off,property sector says

Lost in space:Office return key to economic lift-off,property sector says

Optimism has returned to Victoria's $42 billion property sector after the pandemic but the industry is desperate to get office workers back to their desks.

  • byNoel Towell
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Inflation calculation changed after spending soars on housing,food and pets

Inflation calculation changed after spending soars on housing,food and pets

COVID-19 changed our spending patterns. And that's going to change how inflation is measured,rippling through everything from JobSeeker to business contracts.

  • byShane Wright
Extra $1 billion for aged care but budget still faces record debt and deficit

Extra $1 billion for aged care but budget still faces record debt and deficit

An extra 10,000 home care packages,at a cost of $850 million,will be funded by the federal government as it expands its response to the Aged Care Royal Commission.

  • byShane Wright
'Generations to recover':State finances face decades-long COVID hit

'Generations to recover':State finances face decades-long COVID hit

Ratings agency S&P Global says the cost of the recession and governments'responses to it will be an ever-present legacy.

  • byShane Wright
Iron ore drives improvement in budget bottom line

Iron ore drives improvement in budget bottom line

New analysis suggests the deficit may be $3 billion lower than what was predicted in early October.

  • byShane Wright
COVID deals a $340b blow to our satisfaction with life

COVID deals a $340b blow to our satisfaction with life

The missed dinners,the lost chances for an afternoon walk,the battle for loo paper. Researchers have found each Australian adult lost the equivalent of $17,000 due to declining wellbeing or life satisfaction.

  • byShane Wright