Economy

COVID-19 juggernaut jolts the fashion industry, big names in hot wat...

Many Australian brands are joining the couture and focusing on creating a name globally. With pandemic hitting the fashion industry hard, many firms s...

What does Biden taking the throne mean for US-EU trade relations?

With Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the...

Australians’ consumer sentiment soars to 7-year high as COVID-19 fea...

With coronavirus fears on the wane, Australians seem to have grown more confident about the country’s economy as was reflected in November&rsquo...

Australian Government Invests $9.6 Million in Revolutionary Sunman S...

Undoubtedly, the future belongs to renewable energy, as the world looks toward more sustainable ways of living without harming the environment. That s...

Electric Vehicle Council at loggerheads with South Australia governm...

The South Australia Liberal government has shocked the country as probably the only jurisdiction on the planet to impose a tax on electric vehicle use...

Australia-China Trade Relations Worsen; Are the Aussies Staring Down...

Amid growing virus-spat and economic and political heat between Australia and China, Australian exports have suffered considerably. Industries affecte...

A Walk Through European EV market: How Government Subsidies & Cost-E...

The mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dism...

RBA cuts rates and declares $100 billion bond-buying plan

Reserve Bank of Australia (RBA) yesterday announced a set of measures to aid the economic recovery in the monetary policy meeting. The bank has now of...

Commonwealth Bank Of Australia (ASX:CBA) Cuts Fixed Rate Mortgages &...

The Commonwealth Bank of Australia (ASX:CBA) is the first big bank to slash home loan interest rates in the wake of the RBA slashing official rates to...

Why is PM Scott Morrison’s decision on Christine Holgate dubbed “dou...

Australia Post CEO Christine Holgate has stepped down from her post after allegations of misuse of taxpayers’ money. Holgate’s decision co...

How is the market poised ahead of RBA meet?

The Reserve Bank of Australia (RBA) is set to announce monetary policy decision later today. The top brass at the bank have been continuously quashing...

RBA Throws Its Hat into The Digital Currency Ring

On 2 November 2020, Reserve Bank of Australia announced that it is collaborating with Commonwealth Bank (ASX:CBA), National Australia Bank (ASX:NAB),...

House prices rise for the first time since COVID-19, CoreLogic Index...

The property market seems to be recovering from the impact of the coronavirus pandemic-induced downturn. For the first time since the onset of COVID-1...

Australian Economic Recovery Witnesses Robust Demand in Essential Se...

The path to economic recovery is not an easy one for Australia or for any country for that matter. As there is no treatment available for coronavirus...

Is Cash rate to fall further in November? A pain point for retirees

Speculations are rife about further cash rate cuts by the RBA. The anticipation is a sigh of relief for mortgage loan borrowers and consumers, while t...

RBA releases brand new 100 dollar note into circulation

As part of the Next Generation Banknote program, the Reserve Bank of Australia released the new $100 banknote into general circulation on 29 October 2...

ATO Warns Companies Denting Stimulus Spirit to Pay High Dividends &...

The Australian Taxation Office (ATO) has warned companies against using loopholes to exploit tax concessions. While delivering a speech on Thursday, t...

CPI Rises 1.6% in Q3 2020 as Free Childcare Policy Ends, Fuel Prices...

Following the conclusion of free childcare programin mid-July 2020, Australia’s Consumer Price Index (CPI) has marked an uptick of 1.6 per cent...

ASX Retail companies set to embrace softer restrictions in Victoria

Victoria has been under hard lockdown restrictions for the second time since early July this year. Melbourne, the state’s capital, is an economi...

Does RBA rate cut in November seem inevitable now?

The coronavirus pandemic has made a deep cut in the financial robustness of the economies and businesses. By now, it has been made clear by the centra...