Economy

Research released by Australian local services marketplace Airtasker reveals that Gen Z are leading the charge when it comes to embracing the flexible economy in Australia.

A global SME travel management company says SMEs will be a key driver in the country’s travel recovery and will play an important role in giving the economy a needed boost.

In a revelation for the business travel industry, the head of a leading travel management company has observed that Australian SMEs have become more resilient and adaptable to snap restrictions, and surprising segments of the travel market have grown during lockdowns.

The COVID-19 crisis has created changes in investing that are likely to stay. One such pioneering change has been the swift shift among investors towards passive investing.

With more than half of Australians in lockdown, many are facing continued financial hardship which will however, most likely continue into retirement for many self-employed people.

New research from Zeno Group shows that the pandemic has made a clear and compelling purpose even more essential for businesses and brands in Australia.

North American buyers invest twice as much in the first half of 2021 in Australia as they did for all of 2020, offsetting the loss of Chinese investment

A survey by people2people has revealed that due to the current lockdowns, 1 in 5 employees have been asked to reduce their hours and/or take unpaid leave, and that over a third of Australian employees are worried about their job security and future job search prospects.

Private equity and venture capital (PEVC), hedge funds and secondaries, are all flourishing in China due to favourable reforms and an accommodating economic environment.

The Maritime Union of Australia (MUA) has begun a series of work stoppages with Port of Melbourne on strike, and an upcoming strike planned at Sydney International Container Terminals set to cause lengthy delays.