Economics and Business

"Economics and Business explores the ways individuals, families, the community, businesses and governments make decisions in relation to the allocation of resources. It aims to enable students to understand the process of economic and business decision-making and its effects on themselves and others, now and in the future." - Australian Curriculum
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A survey has found that many Australian kids are confused about how credit cards and loans work. While it is still a few years until you can even get one, experts are worried that not understanding these things now, could lead to financial problems later in life.

A survey has found that many Australian kids are confused about how credit cards and loans work. While it is still a few years until you can even get one, experts are worried that not understanding these things now, could lead to financial problems later in life.

Four Corners, a news show for adults on the ABC, released a big report into rubbish and among other things they found that the glass you put out for recycling sometimes isn't actually being used again.

Four Corners, a news show for adults on the ABC, released a big report into rubbish and among other things they found that the glass you put out for recycling sometimes isn't actually being used again.

The 2017 budget was released last week and in it there was some bad news for uni students, the big banks and taxpayers. While there was good news for school students, disabled people and older people there was also some good news in there for people trying to buy their first home. That's been a big issue recently that you might have heard called 'housing affordability'.

The 2017 budget was released last week and in it there was some bad news for uni students, the big banks and taxpayers. While there was good news for school students, disabled people and older people there was also some good news in there for people trying to buy their first home. That's been a big issue recently that you might have heard called 'housing affordability'.

Budget time is when the Government announces what it wants to do with the country's money. In the lead-up, though, the treasurer says he'd like people to remember that not all debt is bad debt.

Budget time is when the Government announces what it wants to do with the country& money. In the lead-up, though, the treasurer says he& like people to remember that not all debt is bad debt.

The end of cash might be a step closer after the Reserve Bank announced it will soon roll out a new way of transferring money to people. They say it will help consumers buy things quickly and easily without notes and coins. But there are some groups who aren't looking forward to the move away from money.

The end of cash might be a step closer after the Reserve Bank announced it will soon roll out a new way of transferring money to people. They say it will help consumers buy things quickly and easily without notes and coins. But there are some groups who aren't looking forward to the move away from money.

The Defence Force has announced that its new dress uniforms will be made in…

The Defence Force has announced that its new dress uniforms will be made in China. The decision has angered some people, who say the uniforms should really be made here in Australia.

Over the past few months a few huge businesses in Australia have asked for money from the federal government. They're not doing so well and hoped the money might help them keep going. But why would the government give a struggling business a whole lot of money? Here's Matt.

Over the past few months a few huge businesses in Australia have asked for money from the federal government. They're not doing so well and hoped the money might help them keep going. But why would the government give a struggling business a whole lot of money? Here's Matt.

In around a week, we'll see just how the federal government is going to spend the country's money over the next year. They've made no surprise of the fact they're trying to find big savings. But if you were treasurer, what would you spend the most on? And where would you cut back? Matt decided to ask some kids to have a go at it.

In around a week, we'll see just how the federal government is going to spend the country's money over the next year. They've made no surprise of the fact they're trying to find big savings. But if you were treasurer, what would you spend the most on? And where would you cut back? Matt decided to ask some kids to have a go at it.

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