Australian Economy

Markit: Not too bad all things considered.

Callam Pickering, economist at global jobs site Indeed, has published interesting data showing the devastating impact state border closures are having on the local tourism industry.

From Roy Morgan Research: In August 2021 Australians expected inflation of 4.3% annually over the next two years, up 0.2% points and the highest Inflation Expectations for nearly three years since November 2018.

Below is Deloitte’s Weekly economic briefing, which assesses the prospects facing Australia’s retail sector.

Note from Westpac: The Leading Index has held up surprisingly well during this downturn but it seems likely that there is more weakness on the way.

Two well known economists have given opposing views on the likely economic recovery once lockdowns in Sydney and Melbourne eventually end.

The Australian Banking Association, Fintech Australia and Bendigo & Adelaide Bank are among those calling for Australia’s anti-money laundering (AML) regime to be broadened.

Over 45,000 people are now listed on the Department of Foreign Affairs & Trade’s register of stranded Australians who are seeking government help to return home.

New figures show that the federal government issued 79,620 skilled migrant visas in 2020-21.

New data from the Attorney’s General Department (AGD) shows that 1.24 million workers in Australia’s private sector are now covered by enterprise agreements, down from 1.44 million a year ago.

During the beginning of the COVID-19 pandemic, Australia’s media and left-leaning think tanks were jumping up and down over the purported “pink recession” – the notion that women were being disproportionately impacted by the crisis.

Two years ago, ABC News reported that Sydney’s toll road network is the most expensive and extensive in the world: …transport experts have given the city the dubious honour of having the most extensive — and expensive — urban toll road network in the world.

NSW recorded 935 new COVID infections over the past 24 hours and four deaths: NSW recorded 935 new locally acquired cases of COVID-19 in the 24 hours to 8pm last night.