Photo: AP/Mead Gruver

Opinion

Reaping benefits of a post-carbon economy

In a post-carbon world, harnessing Australia’s renewable energy to process zero emission iron oxide to metal instead of exporting raw materials could provide a jobs and economic boost bigger than the current coal and gas industries combined, argues Ross Garnaut.

Local

Record low SA consumer confidence as job, cost pressures bite

Rising household costs, job insecurity and “weakened state pride” are among the factors which have led to a leading economic index recording its lowest ever rate of SA consumer confidence since being launched in 1997.

Business

SA retail spending drops amid national downturn

Spending in South Australian stores dropped by 0.5 per cent in July, far exceeding the 0.1 per cent drop recorded nationally, according to Australian Bureau of Statistics retail trade figures released today.

 

National

US-China trade war threatens global economy: Reserve Bank

The trade war between the United States and China poses the single greatest threat to the global economy, the Reserve Bank governor has warned.

News

Morrison Govt talks up economy, downplays recession fears

The Morrison Government says it will take all necessary actions to keep Australia’s economy afloat, amid fears of an impending recession in the United States.