Economy

Businesses should implement tariff mitigation strategies as US trade policy escalates, RSM Australia has warned.

Treasurer Jim Chalmers has confirmed that next week’s budget will deliver a deficit following two surpluses as the government spends big on disaster recovery.

Deloitte is expecting the government’s pre-election budget to reveal a $26.1 billion deficit and “political quick fixes” in place of sustainable fiscal strategy.

As the world moves away from the rules-based international order, Australia will need to adapt its approach to trade and negotiation, experts have said.

Australia’s financial regulators are vigilant about evolving geopolitical tensions and intensifying cyber risks, the Council of Financial Regulators has said.

More Australian workers are choosing to take part-time roles in a bid to balance their professional and personal lives, a KPMG analysis has revealed.

As a global trade war threatens to weaken commodity demand and the world weans off fossil fuels, Australia must find new ways to boost productivity and prosperity.

Business conditions and confidence were on track for improvement this year, yet business confidence has fallen 6 points in February.

The White House has not granted Australia an exemption from 25 per cent tariffs on steel and aluminium, set to take effect from Wednesday.

Consumer confidence rose to a three-year high in March, buoyed by interest rate cuts and slowing inflation.