Economy

Australian Election 2022: Why tax reforms should be a hot topic

January 10, 2022 11:25 AM AEDT| By Manisha

Highlights The most significant forms of taxation in Australia include Income Tax, Capital Gains Tax, and Goods and Services Tax. Global forums such as the OECD and the IMF have suggested that comparatively heavy taxation on incomes relative to.....

Is Australia staring at stagflation in 2022?

January 09, 2022 02:04 AM AEDT| By Akanksha Vashisht

Amid changing headwinds, the inflation forecast for Australia remains convoluted as the country enters another year marked with uncertainty. While inflation anxiety is dominant among some economists, other experts believe that inflationary expectat.....

How is Omicron likely to impact Australian property prices?

January 09, 2022 01:44 AM AEDT| By Ashish

While the COVID-19 pandemic caused significant economic distress last year, Australian property prices still managed to rise by 22%, the sharpest rise in three decades. But what should now be expected as the Omicron variant has started to pose anot.....

After a disruptive 2021, what are the economic factors to look at in 2022?

January 08, 2022 12:14 AM AEDT| By Toshiva Jain

Highlights 2021 was the year of economic disruptions. Economic factors like inflation and interest rate changes can play a crucial role in shaping the world economic status in 2022. While there are hopes of recovery, with Omicron cases o.....

Five consumer trends that can emerge in 2022

January 07, 2022 06:14 PM AEDT| By Akanksha Vashisht

The COVID-19 pandemic has sparked off a new generation of tech-savvy consumers, who have a diverse taste palette for goods and need everything quickly. While being confined within their homes during lockdowns, most consumers turned to online shoppi.....

What does 2022 look like for global housing market?

January 04, 2022 08:47 PM AEDT| By Aayush

The housing market witnessed a red hot spell in 2021. The double-digit price rise supported by historically low mortgage rates and inventory shortages in many countries catapulted housing prices way out of the comfort zones of many homebuyers. It .....

2022: A major year for Australia with elections around the corner

January 04, 2022 08:24 PM AEDT| By Akanksha Vashisht

Highlights The 2022 election is expected to shed light on how successfully PM Morrison weathered the COVID-19 storm. Voters are well aware that the pandemic would be a looming threat in the coming years. PM Scott Morrison’s policie.....

Why 2022 could be a bumpy ride for Australian economy?

January 04, 2022 06:53 PM AEDT| By Akanksha Vashisht

Highlights Despite buoyant expectations, the Australian economy has to navigate certain challenges in 2022. Rising inflation has triggered stagflation fears, while the timeline for an interest rate hike remains unclear. Significant damag.....

Six economic factors to keep an eye on in 2022

January 04, 2022 05:35 PM AEDT| By Akanksha Vashisht

Highlights Experts are slightly less fearful of the potential impact of the pandemic on the economy, even as the new Omicron variant lurks in the background. Savings are expected to steer the economy in the coming year while inflationary .....

Major events to watch in 2022

January 04, 2022 05:21 PM AEDT| By Akanksha Vashisht

Highlights Some pathbreaking developments occurred in 2021, including the metaverse and booming cryptocurrency investments. Higher regulation can be expected in the crypto and BNPL payment segments, while energy prices could rise further. Auth.....

Is Australia standing apart from the world inflation fever?

January 03, 2022 12:30 AM AEDT| By Akanksha Vashisht

Highlights Early in December, the central bank indicated that a further increase in inflation levels is needed for monetary policy tightening. After the December monetary policy meeting, rate hike expectations have been pushed back. Rising com.....

These trends can become catalysts for Australia’s growth in 2022

January 02, 2022 12:27 AM AEDT| By Akanksha Vashisht

Highlights The year 2021 saw significant changes among corporations worldwide when companies ran their operations remotely. The pandemic has sparked some interesting developments for the Australian economy, which can be a starting point for imp.....

Would inflation take a breather in 2022?

December 31, 2021 06:45 PM AEDT| By Aayush

The COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditions, etc. In order to get back on track and recover from battered economies, central banks across .....