Business
Car sales crash 35 per cent in May
Sales of new cars and trucks in Australia crashed by 35 per cent last month, the biggest drop in demand for the month of May over the past 30 years. The Federal Chamber of Automotive […]
Month: June 2020
News
GDP fell 0.3pct in the March quarter
Australia’s economy contracted 0.3 per cent in the March quarter, according to official figures that mostly predate the economic damage from the COVID-19 lockdowns. Gross domestic product grew just 1.4 per cent in the 12 […]
Real Estate
Building approvals fell 1.8% in April
Approvals for the construction of new homes fell by a seasonally adjusted 1.8 per cent in April, lower than the 10 per cent decrease the market was expecting. Approvals for private sector houses were up […]
News
Qld govt dives into domestic tourism push
Queenslanders can forget sunning themselves in Bali, Thailand or the Greek Islands. The premier is instead urging Brisbane travellers to take time out in the Whitsundays after unlocking COVID-19 restrictions on how far people can […]
News
Energy minister signs US fuel reserve deal
Energy Minister Angus Taylor has finalised a petroleum reserve deal with the United States. Mr Taylor signed the agreement in Canberra on Wednesday morning with the US ambassador by his side, while his American counterpart […]