The Australian dollar (AUD) ranks fifth with a 25% increase in GDP between 2020 and 2023. However, the strength of the currency has decreased by 2.20% in the same time period. That’s according to new research from the experts at City Index, who have analysed countries with the highest GDP and local
Australia’s peak industry body for recruitment, staffing and labour hire says the Albanese Government’s new Workplace Relation Laws disrespect the way Australians choose to work and will result in the removal of casual loadings for hundreds of thousands of workers. “The Albanese Government’s new Workplace
Stripe, a financial infrastructure platform for businesses, today published “The Future of Digital Payments for Businesses in Australia,” a joint research effort with The University of Sydney Business School (USBS). The paper finds nearly half (46%) of Australian business leaders plan to invest in digital payments in
The latest Employment Hero SME Index, which uses an accumulative dataset of over 140,000 small and medium-sized businesses (SMEs) and 1.4 million employees, shows the monthly median hours worked by employees in June has decreased by a significant -8.6 percent month-on-month (MoM) while the monthly median
A new season of Shark Tank Australia aired last night, and first into the tank was Aussie skincare brand Boring Without You – a company that dubs themselves as “beauty without the bullsh*t” and caters to the oft-forgotten ‘combination skin’. In a dramatic TV negotiation,
The Australia of the 2060s will be very different from the one we know today. It will be older, with slower economic growth, a big “care” economy, and an export sector that is radically transformed due to the imperatives of climate change. The Intergenerational Report, released
Who are Australia’s youngest billionaires and what are they worth? And more importantly…how did they make their money? Canva co-founder Melanie Perkins and mining tycoon Gina Rinehart’s daughter Ginia are Australia’s youngest billionaires. That’s according to new research by City Index, which took to Forbes
The financial landscape is undergoing a transformation, driven by innovative FinTech startups. From artificial intelligence (AI)-driven personalization to the rise of super apps, these startups are at the fore front of revolution how we interact with money, finds GlobalData, a leading data and analytics company.
Amid recent reports that Australia is the second most popular location for millionaires to migrate to, surpassing the USA, it can be revealed that Australia is home to the fifth-highest number of female billionaires in the world. That’s according to the latest study from City Index, which scraped the Forbes live billionaire tracker to find the country that
Inflation in most major economies is likely to fall faster than many expect, and interest rates will drop accordingly within the next 12 months, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The prediction from Nigel
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