Economy

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...

RBA Cash Rate Decision Under the Spotlight

The RBA is expected to hold its next monetary policy meet on 3 November. Till then speculations persist on whether interest rates will be cut down to...

Australia Marks Gradual Virus Control, Set to Fly Back Increasing Nu...

Australian Prime Minister Scott Morrison announced the much-awaited news on Friday that the country will slightly lift the cap on the number of citize...

Australian energy prices plummet to a six-year low in National Elect...

The Australian Energy Market Operator (AEMO) released the Quarterly Energy Dynamics (QED) report for Q3 ending on 30 September 2020, outlining the ele...

RBA Deputy Guy Debelle All Praise for Policymakers’ Role in COVID-19...

Speaking at FX Week Australia 2020, the RBA Deputy Governor Guy Debelle applauded the central banks and governments’ swift action against the CO...

At E-Commerce Summit, Scott Morrison eyes a digital decade for Austr...

Prime Minister Scott Morrison envisages Australia to be one of the world's leading digital economies in the next ten years. At the E-Commerce Summit...

Australia Gears up for Tourism 2.0: What’s Lies Ahead?

Tourism plays a substantial role in Australia’s overall economy. The sector is a large contributor to GDP as well as employment. Right when the...

Unemployment Rate Goes North in September post Strong August Showing

Economic analysts are pondering over the headline estimates of unemployment released by the Australian Bureau of Statistics. Australia’s unemplo...

Key Takeaways from Phillip Lowe’s stance on rate cuts and stimulus

RBA Governor Phillip Lowe hinted at the possibility of future rate cuts in his latest speech at Citi’s 12th Annual Australia and New Zealand Inv...

Zoom Your Lens Over Bright Spots Dazzling in the NZ Economy

While Kiwi Land observed its worst economic contraction in June 2020 quarter amidst COVID-19-driven repercussions, the nation’s economy appears...

October Financial Stability Review: Banks Performing Better Than 200...

Recovering from the after-effects of a pandemic requires robust measures in all sectors. With international borders shut for months now, Australia has...

How is the negative interest rate prospect panning out for Australia...

The debate on whether negative interest rates can lead the economy to an upward leading cusp has taken an impetus in times of a pandemic. RBA has show...

Did You Miss Australia’s Trade Surplus Data? Read On!

The Australian Bureau of Statistics (ABS) recently published the Trade Accounts statistics for August 2020. The trade account surplus has fallen over...

Industry Reviews on Federal Budget 2020

The federal budget for 2020-21 released by Treasurer Josh Frydenberg is under the spotlight amid its intended pros and cons. Undoubtedly, the federal...

Is Federal Budget 2020-21 pandemic friendly?

Australian economy, which started on a recovery journey after a contracting June quarter, is experiencing a slowdown post Victorian lockdown. While RB...