The RBA and the IMF have both urged governments to keep spending to minimise the growing economic impact of Victoria's stage four lockdown.
Shop owners have experienced their worst quarter of sales since the introduction of the GST in the Septemnber 2000 quarter.
Tradesmen working in Melbourne are frustrated over the new guidelines, saying the government may as well shut down worksites completely.
Westpac said it would reduce contactless debit card fees for small businesses by routing payments via the eftpos network.
Photos shared to social media show how bad the second wave of panic buying in Victoria is, just as the state's second lockdown starts.
Virgin Australia administrator Deloitte will retain the keys to the airline until at least September 4, after delaying the all important creditor vote by one week.
Mining company tells Senate inquiry it proceeded with detonation despite knowing one of the shelters was of ‘the highest archaeological significance in Australia’
The Australian economy is in for a more subdued recovery than previously predicted, the Reserve Bank says, but unemployment is set to rise.
Goods exports to China are now worth around 8.5 per cent of Australia's GDP.
Consumers might not get their first-choice cuts but there should be plenty of produce on the shelves, says the Victorian Farmers Federation.