The 2021 lockdown officially ended in mid-October – but many local businesses are still recovering 10 months later, according to Tom Adam, president of the Phillip Business Community.
The Canberra Business Chamber says that more investment is needed to support and protect the local businesses that will drive economic diversity, job creation and sustainable economic growth, as they struggle with skills shortages, rampant cost increases, and shortages of supplies and workers.
Free undergraduate education and thousands of new university jobs could be a reality if the federal government lifts spending on higher education, a landmark report says.
Australia's economic recovery has been faster and better than expected, with stunningly low unemployment and soaring commodity prices, but what comes next is unclear.
While business activity is showing the green shoots of recovery from the pandemic, there remains the risk of increased insolvencies in the short to medium term, credit reporting agency CreditorWatch warns.
After a low few months, Canberra’s office occupancy rates have returned to pre-Omicron levels, hitting the highest percentage in February since July 2021.
The average Australian household has never felt better financially, but a new survey has also found concerns around the prolonged impact of COVID-19 and cost of living pressures are beginning to creep in.
Diners will be able to claim up to $150 in meal vouchers as part of a $44 million package to revitalise Melbourne's CBD after the city's sixth lockdown.
The ACT Government agreed to develop a ‘social recovery plan’, proposed by Andrew Braddock MLA, that would consider the most impacted and marginalised groups first, and ensure Canberrans had a genuine say about what they needed to recover from the pandemic.
The Australian economy is set to take a whack from the impact of half of the population being in lockdown, but Treasurer Josh Frydenberg is confident it won't result in a second recession in as many years.
The global rebound from the COVID-19 pandemic is set to drive greenhouse gas emissions that stoke climate change to all-time highs, the Paris-based International Energy Agency says.
