Economy

As we grapple with a world where some form of restrictions will be in place until a vaccine is found, will COVID-19 permanently change what society wants and needs?

As we emerge into our post-COVID world, business owners should be thinking seriously about what they’ve learnt from this pandemic.

Every business will be a space business in 2030, with massive implications for Australia’s growing AU$5bn space sector, according to KPMG Australia’s new report

The world will be a different place as it emerges from the COVID-19 crisis, with Australians’ work, life and travel permanently changed by the pandemic, according to a new report by KPMG, Our New Reality: Predictions after COVID-19.

There are two critical considerations from a business continuity perspective - can your business survive the next few months; and what is the longer-term outlook?

Australian women are bearing the brunt of the initial economic impact of the Coronavirus (COVID-19) pandemic as job cuts start to mount.

To date, in an Australian context, the federal and state governments’ measures announced amount to approximately A$200 billion or 10% of GDP.

New research has provided a clue as to why Australian businesses have had to let go of their employees so quickly after the Government-mandated shutdowns.

The current COVID-19 situation is introducing levels of volatility in foreign currency markets not seen since the 2008 Global Financial Crisis.

Australians impacted by COVID-19 who are seeking a payment pause or deferral on their loan repayments, need not worry about the impact on their credit report, confirms consumer education website CreditSmart.