Australia is experiencing a population shift to the regions, according to the latest internal migration data released by the ABS. This trend, which we called ‘The Rise of the Regions’ in our top trends for 2021, is counter to the historical trend of Australia being a capital-city centric nation. Read more
While 2020 began with hope and optimism for a new year and decade, the COVID-19 pandemic quickly took hold of the world, and the subsequent lockdowns and restrictions having many personal impacts for people, but also on the economy. Despite a tough year in 2020, economists are positive about Australia’s recovery over the coming years.