Australia’s consumer watchdog has put businesses on notice about false environmental and sustainability claims, after finding a large number were engaging in ‘greenwashing’. The Australian Competition & Consumer Commission (the ACCC) has published draft guidance to help businesses stay on the right side of the Australian Consumer Law. This comes in response to ACCC research … Read more
A new report from the Productivity Commission (PC) has solved the mystery of why Australia’s labour productivity is falling. Labour productivity fell 4.6% in the 12 months to March 2023, according to the most recent data from the Australian Bureau of Statistics. The PC report said this was “most likely due to the unwinding of … Read more
Business confidence has fallen to its lowest level in almost three years, according to Roy Morgan’s latest monthly survey. The Roy Morgan Business Confidence Index slipped to 88.8 points in June, compared to 90.3 points the month before and 97.3 points the year before. That is the lowest reading since September 2020 and well below … Read more
