Why GDP should not be the only measure for economic prosperity

For decades, development has been measured almost exclusively through gross domestic product and other macroeconomic indicators. Using these metrics, the world economy delivered rising growth rates, expanding infrastructure and global integration....

Dfat liaising with Israel after Australians reportedly detained – as it happened

Key eventsShow key events onlyPlease turn on JavaScript to use this feature What we learned today, Friday 3 OctoberThis is where we’ll leave the blog. I hope you have a great weekend. If you’d like to catch up, here were today’s top stories: Share...

Abbe Group acquires Oji Fibre Solutions Australia

Leading Australian independent manufacturer and supplier of corrugated and carton board packaging Abbe Group has announced its acquisition of Oji Fibre Solutions Australia, a leading manufacturer of pulp, paper, and wood-fibre based packaging...

Foreign students outnumber Australians for first time in the country's oldest university

For the first time in its 170-year history, the University of Sydney had more international than domestic students last year. Education Department data published by The Australian shows 51 per cent of students on campus were from overseas. The...

South Australia Now Tomato Virus Free

South Australia is now free of tomato brown rugose fruit virus (ToBRFV), paving the way for impacted growers to return to full trade right across the eastern seaboard. The State Government has today issued an Area Freedom Certificate which...

US loses top spot in business education

The UK has moved into first place, followed by Germany leaping from fifth in 2024 to second in 2025. France and Australia complete the top five. “Perception is everything, and even slight changes to one or more factors can have significant...

Cement Australia Completes acquisition of BGC cementitious division

Cement Australia (CA), a joint venture between Holcim Australia and Heidelberg Materials Australia, has completed its acquisition of the cementitious division of the Buckeridge Group of Companies (BGC) effective 1 October 2025. Rob Davies, CEO of...

Business News | Synechron Acquires Three Firms, Creating Largest Global ServiceNow Practice in Banking and Financial Services Sector

PRNewswire New York [US] / London [UK] / Sydney [Australia], October 3: Synechron, a leading global digital transformation consulting firm, today announced the formation of a new global ServiceNow business via the acquisitions of RapDev, Calitii...

Abbe Group acquires Oji Fibre Solutions’ Australian operations

Speaking to PKN, Abbe Group sales and marketing director Daniel O’Sullivan said the decision was driven by a desire to expand their operational footprint across the eastern seaboard and enhance customer service, particularly during peak demand...

Australia-New Zealand Closer Economic Relations Ministerial Meeting – October 2025

Department of Foreign Affairs and Trade Australian Minister for Trade and Tourism, Senator the Hon Don Farrell, met with New Zealand Minister for Trade and Investment, Hon Todd McClay, for the annual Closer Economic Relations Ministerial Meeting...

S5 Ep34: Patrick Hutchinson, Australian Beef Sustainability Framework

This week, podcast host Kerry Lonergan dials in Patrick Hutchinson, Chair of the Australian Beef Sustainability Framework. Patrick Hutchinson The pair discuss the hot topics of environmental stewardship, animal welfare and economic resilience....

JAVLN raises AUD $6 million to boost AI & expand in Australia

JAVLN has secured a capital investment of AUD $6 million to support its expansion in Australia, accelerate research and development, and enter new markets. The company, which provides cloud-based insurance software as a service, intends to use the...

Andrew Liveris Shares Brisbane 2032 Vision At QUT Business Leaders’ Forum

QUT has welcomed Andrew Liveris AO, President of the Brisbane 2032 Olympic and Paralympic Games Organising Committee, to Brisbane as the keynote speaker at the QUT Business Leaders’ Forum. The sold-out event at the Brisbane Convention and...

Weak productivity bites businesses, but AI is helping close the gap

For Econnex, productivity isn’t about replacing people, but redeploying them. “We’ve been able to trial and test where AI and humans each add the most value,” Jain says. “That’s allowed us to reduce our developer team by 20 per cent while...

Australian wine reaches new consumers in China and Japan

The Australian Wine Roadshow visited four major cities in mainland China. Image courtesy Wine Australia Wine Australia’s recent roadshows in mainland China and Japan attracted a turnout of more than 2,000 members of trade, media and education to...

Soaring energy prices top concern for Australian businesses

Business leaders say energy is now their leading concern as soaring electricity prices have taken their toll on many of Australia's major sectors. This is a revelation from a fresh report by software accounting firm MYOB which surveyed 526...

Economic Development Queensland Appointment Permanent CEO

Deputy Premier, Minister for State Development, Infrastructure and Planning and Minister for Industrial Relations The Honourable Jarrod Bleijie Economic Development Queensland’s independent board recommends Mr Julian Simmonds be appointed...

Australia’s New Food Security Strategy: What’s On Table, And What’s Missing?

Dan Meyers/UnsplashIn 2023, a parliamentary inquiry into food security was held in Australia. This involves the government asking for public and expert advice on key issues to make better decisions. Authors Nick Rose Senior Lecturer, William...

Australian Wine Engages New Audiences In Roadshows Across China And Japan

Wine Australia’s recent roadshows in mainland China and Japan attracted a turnout of more than 2,000 trade, media and educators to experience Australian wines throughout September. The events aimed to strengthen Australian wine’s presence in these...

ASIC Cancels Australian Financial Services Licence Of Velos Global Markets Pty Ltd

ASIC ASIC cancelled the Australian financial services licence (AFS licence) of Velos Global Markets Pty Ltd (ACN 604 251 416) (Velos). The AFS licence cancellation took effect on 23 September 2025. ASIC cancelled the AFS licence under section...