Economy

Labor win: Here’s what Australian investors can expect?

 Labor win: Here’s what Australian investors can expect?

  For the first time since 2013, Labor Party is all set to take the centerstage after Aussie voters ousted Prime Minister Scott Morrison’s conservative coalition government. Labor party leader Anthony Albanese will become the next pr...

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Interest rate hikes and recession: How are they related?

Interest rate hikes and recession: How are they related?

Highlights Central bankers use interest rates as a tool to boost or control inflation through monetary policy. Higher interest rates discourage borrowing and spending among consumers while removing extra stimulus from the economy. Rapid intere...

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Will the RBA go for 40bps cash rate hike as wages growth lags?

Will the RBA go for 40bps cash rate hike as wages growth lags?

Highlights Tighter labour market conditions helped Australia achieve a wage growth rate of 0.7% in the March 2022 quarter. The latest wage growth data is central to understanding the pace of the Reserve Bank’s interest rate hikes. Expert...

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Federal election 2022: Key differences between policies of Liberal & Labor

Federal election 2022: Key differences between policies of Liberal & Labor

Highlights The Federal Election 2022 begins with Australians flocking to polling stations across the country. Scott Morrison and Anthony Albanese are vying to be Australia's next prime minister in the election. In various electoral policies, r...

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Australia Federal Election 2022 begins- close contest between Labor and Coalition?

Australia Federal Election 2022 begins- close contest between Labor and Coalition?

  • May 21, 2022 11:47 AM AEST
  • Sukriti

Highlights Australia Federal Election 2022 begins as citizens head to polling centers in their state/ territory. The election gets Scott Morrison and Anthony Albanese fight the battle to be Australia’s next prime minister. The charmed nu...

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S&P falls into bear market in intraday, Nasdaq retreats; ROST, DE decline

S&P falls into bear market in intraday, Nasdaq retreats; ROST, DE decline

Benchmark US indices closed mixed on Friday, May 20, as investors were concerned about the elevated inflation, sending S&P 500 into the bear-market territory in intraday session. The S&P 500 was up 0.01% to 3,901.36. The Dow Jones rose 0.03%...

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What drove Lucky Block (LBLOCK) crypto rally today?

What drove Lucky Block (LBLOCK) crypto rally today?

Highlights Lucky Block (LBLOCK) is a crypto lottery platform launched in January 2022. It claims to provide transparent, easy wins for players worldwide.  However, the lottery platform could face regulatory challenges ahead. The Luck...

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Why is PolySwarm (NCT) crypto up over 36%?

Why is PolySwarm (NCT) crypto up over 36%?

Highlights: PolySwarm is a crowdsourced threat intelligence marketplace. The token is available for trading on exchanges like BingX, Huobi Global, MEXC, etc. It returned more than 113% gains over the last seven days. The crypto market was...

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Is Flow (FLOW) crypto rising on Coinbase news?

Is Flow (FLOW) crypto rising on Coinbase news?

Highlights: Flow is a high-speed decentralized blockchain. The FLOW token is available for trading on exchanges like Binance and OKX, The token’s highest price in the last 30 days was US$5.98. The Flow (FLOW) token price by more tha...

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Mental health scenario of Australia worsening amid COVID-19 pandemic

Mental health scenario of Australia worsening amid COVID-19 pandemic

    Image source: © Terovesalainen | Megapixl.com Image description: Person with mental stress seeking professional help   Highlights Several countries around the globe observe May as the month of Mental Health Awarenes...

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What measures is Australia taking to rev up critical minerals sector?

What measures is Australia taking to rev up critical minerals sector?

With the world raring to accelerate its transition into a new electric era, there is a heightened need for more critical minerals. Critical minerals have become the backbone of the modern world, and the economic well-being of a nation depends immen...

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