Thousands of jobs have been lost as banks shrink back from their peak size to meet lower revenue growth and increased compliance costs, with thousands more set to go as automation increases.
First Australia had the mining boom, then the east coast housing boom, now the nation's economic hopes are pinned to its biggest ever infrastructure boom.
The Reserve Bank says it cut interest rates earlier this month not because the economy was getting worse, but because it could get even better, and it is prepared to cut them again to achieve that goal.
The changing mix of Australian employment is leading to a skills shortage and is harming both businesses and job seekers alike, a new study warns.
Australia's unemployment rate remains stuck at 5.2 per cent, despite the creation of 42,300 jobs in May, as a record number of people look for work.
A fall in the number of job advertisements indicates that employment growth is likely to keep slowing over coming months.
Australia's economy is hanging tough, stubbornly refusing to capitulate to recession after a world-record 28 years of growth. But some of the threads it is hanging by are fraying.
There is no respite from the bad news in the construction sector, with a respected industry survey pointing to the sharpest decline in activity in six years and more jobs lost in May.
GDP is mired at levels last seen a decade ago, with year-on-year growth crashing below 2 per cent as weak wage growth and anaemic household spending take their toll.
A bold business move has helped one Indigenous-owned cattle company stand alongside Australia's billionaires with a unique vision for economic success.