Tag archive: ACT Economy

CommSec reports ACT second-best economy despite weak employment
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The ACT has come second in the race for the best-performing economy in Australia, according to a new report by CommSec. The last few months have been far from normal for the states and territories, with COVID-19 restrictions and lockdowns wreaking havoc on business. But it turns out that all is not as bad as it might seem. Now in...
Big-spending Budget to focus on jobs and skills, says Barr
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Chief Minister Andrew Barr has promised another big-spending Budget to support the Territory's economic recovery from the impacts of the pandemic and create more jobs. Mr Barr also told business leaders in his State of the Territory address today that the government would be doing all it could to attract skilled workers to the capital while overseas migration is on...
Public service changes cloud ACT economic success story
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Dampened public service wage growth may take the steam out of the ACT's booming economy, according to the latest Deloitte Access Economics business outlook. A bigger Australian Public Service during the public health response to the pandemic has been good for Canberra, but those numbers have been declining as the crisis recedes, and Deloitte says the scrapping of the 2...
Outlook has ACT’s ‘standout economy’ set for more bumper growth
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Going into an election year, the latest economic forecast for the ACT would have Chief Minister Andrew Barr smiling at what could be seen as an endorsement of his government's policy direction. The Deloitte Access Economics Business Outlook for December calls the ACT the "little territory that could", defying the national downturn and recording its largest-ever share of the national...
The capital market with David Robertson
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Each quarter, David Robertson, Head of Economic and Market Research for Bendigo and Adelaide Bank, keeps us updated on the state of the ACT economy with a quarterly market update drawing on statistics from the Reserve Bank of Australia (RBA), Australian Bureau of Statistics (ABS), and Real Estate Industry of Australia (REIA). July to September, 2018 quarter Well, we may...
Barr says commitments underway and economy improving
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Statement by ACT Chief Minister Andrew Barr: Work on Stage 2 of our city-wide light rail network is one of a number of election commitments delivered in the 2016-17 Budget Review. The Review also details further progress on our path to budget balance. Despite funding cuts from the Federal Government, most recently through reduced GST and grant funding, the Government...
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