The Western Australian economy will return to average growth levels over the coming two financial years as the resources investment boom fades, according to Chamber of Commerce and Industry WA chief economist John Nicolau.
The federal government has today released draft reforms to its employment services model, including changes to work for the dole and $5.1 billion of spending over three years to deliver the programs.
Former Department of Regional Development director general Paul Rosair has received a $412,000 golden handshake after stepping down from the role on June 30, nine months earlier than stipulated in his contract.
The chief of resources giant BHP Billiton has urged Labor and the minor parties to help the Abbott government repeal the mining tax, saying investment is being destroyed by "a lot of antics" in the Senate.
About 80 per cent of Australia's exports will go to Asia by 2020 as the region's growing middle class demands high quality food and education and looks to holiday overseas.
A slowdown in consumer demand is expected to have helped keep a lid on inflation in the June quarter, allowing the Reserve Bank to keep the cash rate at record lows.
Australia has moved up two places in the 2014 Global Innovation Index as a result of strong performance in the country’s education and infrastructure sectors.
Resources companies will have to pay their next instalment of the mining tax after the federal government today rejected an overnight attempt by the Senate to retain funding mechanisms, despite voting to abolish the tax.
The head of Australia's largest online employment website says more people will lose their jobs and will have fewer opportunities to find work as businesses increasingly replace labour with technology.
The Reserve Bank of Australia said it was difficult to judge whether low interest rates would be enough to offset the effect of budget cuts and mining investment slowdown.
Former New South Wales opposition leader John Brogden has been appointed managing director of the Australian Institute of Company Directors, after serving as chief executive of the Financial Services Council.
Australia’s Export Finance and Insurance Corporation has found that exporters are growing in confidence, with 95 per cent of small and medium enterprise exporters predicting their overseas sales to either remain the same or grow in the next 12 months.
Australian firms have shrugged off the sharp slide in consumer sentiment since the federal budget, with business confidence increasing in the past month.
Health workers at Perth's biggest hospitals say they'll walk off the job in a series of rolling stoppages after the state government refused to talk about a new pay offer.