Australia’s headline inflation rate rose 0.6% in the June quarter as higher fuel prices saw transport prices rise 3.4% in the three months to June with the overall national CPI index up 1.6% and the Brisbane index up 1.7% on the same period 12 months earlier. Read more.
The latest Commsec State of the States showed Queensland moved into fifth position on overall ranking as Victoria and New South Wales remain the regions of economic growth. Read more.
Queensland will help a major city in China care for its retirees following a new agreement involving a Queensland company in a major Chinese project. Read more.
A $7.8 million payout to staff of celebrity chef George Calombaris could be dwarfed by that of another industry heavyweight, Neil Perry, whose restaurant chain has also acknowledged systemic underpayment over many years. Read more.
Queensland’s unemployment rate (on a trend basis) rose to 6.3% in June as the national benchmark remained steady at 5.2% according to the latest data released from the Australian Bureau of Statistics (ABS). Read more.