Economy

Australia’s wage growth shows signs of recovery, but public sector r...

The Australian Wage Price Index, a key indicator to gauge overall health of an economy, grew at a subdued rate in the first three months of the year,...

What do Rising Bond Yields Indicate About the Economy?

Summary Bond yields have a significant impact on the economy and the stock markets, with rising bond yields usually indicating a stock market slowd...

Did Colonial Pipeline Attack Drive US Oil Prices Up?

Summary US gasoline prices hit a seven-year high of US$3.045 a gallon on Monday. The cyberattack on Colonial Pipeline triggered panic buying of ga...

What are the Factors Impacting Bond Yields?

Summary Rising bond yields are often associated with some pressure in the share market. When interest rates fall, investors may prefer investing i...

Which are the ten best-suitable countries for renewable energy inves...

Summary Earlier this month, the IHS Markit released its 2020 list for 10 best countries for renewable energy investment. As per the International...

Solar Energy In Australia- Where Are The Pockets Of Opportunities?

Summary solar energy is one of the most important forms of renewable energy because it is a vastly available clean energy resource. Australia rece...

Can inflation woes spark a firestorm in global markets?

The global equity markets are witnessing a sizeable correction. The reason? The credit may become costlier for the companies. In the past seven days,...

Drought Dents Australia’s crop production in 2019-20

The value of Australian crop produced in 2019-20 dropped 4.8% in 2019-20 owing to the drought conditions prevailing in the country. According to the...

After 6.7% Job Decline In 2020, Where Does US Solar Industry Stand?

Year 2020 saw significant workforce reductions in nearly all sectors due to COVID-triggered shutdowns, and the solar industry wasn’t an exceptio...

Where is Australia’s Property Sector Heading?

This year’s federal budget came packed with a set of new initiatives for first-home buyers. The government has extended the HomeBuilder program...

Metcash! Australia Spares Tobacco Tax Hike in Federal Budget

Food & Staples Retailing Metcash Limited (ASX: MTS) reported on Wednesday that its FY22 EBIT is hit by $10 million because the Australian governme...

Federal Budget 2021-22: An Attempt to Uplift Australian Women

Summary Federal Government's 2021-22 Budget holds special significance for women, aimed at improving their safety, living standards and career pros...

Why is oil & gas industry seeing red over federal budget?

Summary The Australian government has allocated A$1.8 billion in the federal budget towards energy sector development. The budget is primarily foc...

Why is Clean Energy Council not pleased with federal budget?

Summary The Clean Energy Council has highlighted the Federal Budget allocation to the renewable energy sector as a missed opportunity. Allocation...

Federal Budget: Tech shares roar as Govt moves to bridge skills gap

In his Federal Budget speech, Australian Treasurer Josh Frydenberg said that the Scott Morrison-led Liberal Party government would be investing AU$1.2...

US Economy Adds Record 1.8 Mn New Jobs in March As Hiring Slows

Summary Food and accommodation sector creates the highest number of jobs at 185,000, followed by the education department at 155,000, and entertain...

Federal Budget 2021-22: Who are the major winners?

Australian Treasurer Josh Frydenberg tabled the Federal Budget in the House of Representatives on Tuesday. Total revenue for 2021‑22 in the federal bu...

Federal Budget 2021: Australia gets nearly AU$1 billion digital boos...

Summary The government has committed to invest AU$111.3 million to launch Consumer Data Right (CDR) across the economy. The budget proposes t...

Federal Budget 2021-22: What’s in Store for Pandemic-Hit Sectors?

The Australian government’s big-spending Federal Budget 2021-22 is finally out! The budget is primarily focused on creating jobs and bolstering...

Federal Budget 2021: Frydenberg promises AU$30bn in tax cuts to boos...

Summary The government commits AU$7.8 billion in personal income tax cuts to support more than 10 million low- and middle-income earners....