Treasurer Josh Frydenberg is forecasting a slightly smaller budget deficit for the 2021/22 financial year while predicting strong economic recovery and a sharp fall in the unemployment rates. He is also predicting in his mid-year budget review wages growth of three percent in 2023/24, a rate not seen since the coalition came to power in…

Rural Bank’s latest Australian Agriculture Outlook report says favourable seasonal conditions are expected to extend into 2022 with continued improvement in supply and demand. The bank’s report follows the Australian Bureau of Agricultural and Resource Economics and Sciences forecast released last week predicting a record year for Australian farmers due to “unprecedented favourable conditions with…

A new barometer has found Australia and New Zealand leading the pack when it comes to the global fight against the negative economic and health impacts from the COVID-19 pandemic. The research modelled by consultants EY found Australia is well placed to emerge from the pandemic in a strong position thanks to a robust economic…