news Archives - Page 2 of 230

Australian PCI®: Construction industry slump continues into August 2020

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 4.8 points to 37.9 in August 2020, with the pace of decline in business conditions worsening again after a pause in July (readings below 50 points indicate contraction in activity,…

Sep 8, 2020

Australian PBI: Business conditions slump again in August 2020

The Australian Industry Group Australian Performance of Business Index (Australian PBI) fell by 2.1 points to 42.6 in August (2020), pointing to a further contraction in activity and at a faster pace than in July as renewed activity restrictions and border closures took effect (results…

Sep 7, 2020

Major reports on Australia’s energy future

The release of two reports by the Energy Security Board (ESB) and the Australian Energy Market Commission (AEMC) into the future of the National Electricity Market has been welcomed by Energy Networks Australia.

Sep 7, 2020

Australian PSI®: Melbourne lockdown contributes to services decline in August 2020

The Australian Industry Group Australian Performance of Services Index (Australian PSI®) fell by 1.5 points to 42.5 points in August 2020 (seasonally adjusted), indicating a further contraction in activity and at a faster pace than in July 2020 (results below 50 points indicate contraction, with…

Sep 7, 2020

Retail rises in July 2020, but uncertainty ahead as Australia plunges into recession

There was a solid rise in retail sales in July 2020, however the National Retail Association (NRA) has warned that the sector remains braced for an uncertain time ahead as Australia plunges into its first recession since 1991.

Sep 4, 2020

Cyber Security NSW investigates drivers license data breach

Investigations by Cyber Security NSW into an apparent data breach of scanned NSW driver licences has confirmed a commercial entity is responsible.

Sep 3, 2020

Facebook’s aggressive threats reveal it cares more about its bottom line than fighting misinformation

Facebook’s aggressive response to the federal government’s move to force big tech to pay for Australian news stories reveals just how out of touch big tech has become, says Responsible Technology Australia.

Sep 2, 2020

Telstra, Optus, TPG and Dodo breach NBN service continuity rules

The Australian Communications and Media Authority (ACMA) has found TPG, Optus, Dodo and Telstra in breach of consumer protection rules after more than 1,500 of their customers were left without telco services while trying to migrate to the NBN.

Sep 1, 2020

Small businesses get funds in minutes with BizExpress Online

Thousands of CBA’s small business customers* can now apply for, and access, new loans in as little as 20 minutes, with BizExpress Online – the bank’s pioneering fast-speed lending system which is now available through Netbank and the CommBank app.

Aug 27, 2020

Industry welcomes the introduction of the JobKeeper Extension Bill into Parliament

“Industry welcomes the introduction into Parliament today (August 26 2020) of a Bill to extend the operation of the JobKeeper scheme and the short-term flexibility measures in the Fair Work Act, until late-March. The JobKeeper scheme is playing a vital role in saving thousands of…

Aug 27, 2020

Government initiatives strengthen Australian defence industry

“We welcome the Government’s announcement today (26 August 2020) of a $1 billion investment package of Defence initiatives to boost Australia’s defence industry in its recovery from COVID-19. This announcement is an important recognition that the defence industry is a strategic asset for the country…

Aug 27, 2020

Newcrest’s Lisa Ali joins AMMA Board of Directors

Australian Resources and Energy Group AMMA is pleased to announce the appointment of Newcrest Mining’s Chief People & Sustainability Officer Lisa Ali to its Board of Directors.

Aug 26, 2020