Economy

Woollahra’s historic mansion with no harbour view sold for record pr...

Highlights Woollahra’s historic mansion Rosemont has become the costliest house the highest price in Sydney in 2021. The house with no harbo...

Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expans...

Highlights A new survey done for the Association of Canadian Studies found that over three in every four residents think negatively of the unvaccin...

Health Of the Australian Economy As Christmas Approaches

The tiny Covid- 19 virus has wreaked havoc on the health of humans and economies across the globe. Australia too is no exception. So let us see what i...

Is Australia falling behind in race to digital economy?

According to the Australian Academy of Science, Australia is at the risk of falling behind in the technology world among technologically driven countr...

RBA has sounded the household debt alarm; here’s why

Highlights Australia’s housing debt has been rising aggressively and the RBA has voiced concerns about the same. Stringent mortgage lending...

Prospects of small businesses amid broader economic recovery

Highlights Micro, small and medium size businesses are aggressive and plays a vital role in economic recovery. Many small businesses were hit hard...

Impacts of vaccination on businesses in Australia

Highlights As per the employment marketplace, there is a 55% y-o-y surge in the short-term jobs advertised. The country has also registered a mont...

How Covid rent debt crisis will get worse with Universal Credit cut

Highlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested...

COVID-19 lockdowns deal a blow to Australian employment in August

Highlights Australia’s job scenario has taken a hit amid COVID-19 spike as 146,300 have gone out of employment net. The labour participation...

How do consumers make purchasing decisions?

Highlights  The modern consumer is well-informed and well-equipped with technological tools that help form decisions. As online consumer acti...

Why people want an overhaul of childcare costs in UK

Highlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable a...

Australia's skewed gender ratio in leadership roles needs attention...

Highlights Only one woman was chosen out of 23 CEO appointments to lead an ASX 300 company last year, while no woman boss was appointed in the ASX...

Automattic buys Social Image Generator plugin; what it means for Wor...

Highlights WordPress parent Automattic has acquired Social Image Generator plugin. Social Image Generator creates social share images for WordPres...

How Australia is playing a crucial role in revving up global green t...

Highlights Australia's clean energy contribution has increased from 17% in 2016 to 27% in 2020. More than 25% of the country’s total electri...

COVID-19 upturn stalls reopening of Australia’s travel bubble with N...

The reopening of Australia NZ travel bubble has received another setback after New Zealand’s Minister for COVID-19 Response Chris Hipkins brushe...

What is the actual cost of buying a home in Australia?

Highlights  Purchasing a home is a life changing experience in one’s life. The cost of the property depends on the location and value o...

RBA monetary policy: Going ahead with truncated bond buying; 130th m...

Highlights Central bank to press ahead with plans to truncate bond-buying spree Cash rate maintained as it is – for 131st month a trot. RBA...

How 2021 Infrastructure Plan aims to buck up Australia's economic fu...

Highlights The 2021 Australian Infrastructure Plan provides a 15-year roadmap to deliver infrastructure for a stronger Australia.  The plan i...

Proportion of payments made using banknotes is declining: RBA

Highlights  During the Coronavirus pandemic, the Reserve Bank of Australia highlighted a significant shift to contactless and mobile payments...

On the runway to Q3 results

Highlights  At the end of July, the 2Q GDP data was announced. ABC has also announced the performance of critical variables like retail sales...