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More than two million workers have left the JobKeeper wage subsidy scheme since the Morrison government tightened eligibility and reduced payment rates at the end of September.
The ASX200 has had its best month on record, gains of 9.96 per cent coming from investors' belief that a coronavirus vaccine that will return the world to normal is on the way.
Qantas insists safety won't be compromised by its plan to outsource about 2,000 positions, having rejected an in-house bid to save jobs at the COVID-battered airline.
A second consecutive day of losses for the Australian share market and its slimmest weekly gain for November show investors may have refocused on the troubles of the pandemic, an analyst says.
Streaming services such as Netflix and Amazon Prime would have to meet Australian content requirements under a federal government proposal to help local production.
Western Australian small businesses are far more positive about the future than their eastern counterparts, with new research showing four in five expective revenue growth through to April next year.
Former Reserve Bank of Australia governor Glenn Stevens once told parliamentarians that the Australian business community was lacking the "animal spirits" that were needed to drive economic growth.
An Australian mother has been left heartbroken after her attempts to help hundreds of other families with babies return home elicited silence from the government.
The Defence Force has reportedly asked at least 10 SAS personnel to show why they should not be fired following a report into alleged war crimes in Afghanistan.
A senior minister, business group and Labor frontbencher have defended Mathias Cormann's bid to take a senior international role with a major economic body.
Retailer Harvey Norman has experienced a revenue boost since the start of the new financial year, putting it on course for a strong rise in pre-tax profit.
Gold stocks were sold heavily today after an overnight fall in the price of the yellow metal but strength in other sectors saw the ASX close solidly higher.
A major business group believes the federal government's decision to expand a business expense tax break to larger companies will further boost investment and help create jobs.