News

‘Driven by rideshare businesses’: Fresh ABS data shows courier and delivery services lifted Australian business figures even before the pandemic

A 2.0% growth in the number of Australian businesses over 2019-2020 was driven by ride share businesses, new ABS data suggests. The transport, postal, and warehousing sector was the fastest-growing for the sixth year running. An increasing number of non-employing businesses also suggests an uptick in independent contractors driving in […]
‘Driven by rideshare businesses’: Fresh ABS data shows courier and delivery services lifted Australian business figures even before the pandemic
Markets

Victoria led Australia’s retail recovery through the December quarter – but ABS data suggests things won’t stay festive for long

Victoria helped Australia’s total retail sales volume rise 2.5% in the December quarter, according to new ABS data. Analysts say sales volume would have dipped without Victoria’s impact, and month-on-month retail turnover fell -4.1% in December. “The shift back towards pre-COVID spending patterns will continue,” said Dr Sarah Hunter, chief […]
Victoria led Australia’s retail recovery through the December quarter – but ABS data suggests things won’t stay festive for long
News

Victoria has lost 7.3% of all jobs in the state since the middle of March

Victoria has experienced the most job losses in Australia, according to new figures from the Australian Bureau of Statistics. The ABS found payroll jobs fell 7.3% in Victoria, followed by a 6.8% decline in Tasmania. Overall, the ABS revealed a 1.1% drop in the number of jobs in Australia between […]
Victoria has lost 7.3% of all jobs in the state since the middle of March