Economy

Is gender pay gap a reason for women to not own properties?

Source: 4 PM production,Shutterstock Summary According to the research conducted by CoreLogic, women are way behind when it comes to owning a pr...

What powered NZ economy to tide over COVID-19 storm 

Source: jijomathaidesigners ,Shutterstock Summary Despite the continued struggle with the closure of the borders, the domestic economy has...

Auckland home builders faced supply constraints in Dec quarter: Stat...

Source: grandbrothers,Shutterstock Summary Home builders in Auckland have reported a rise in supply pressures. Survey revealed greater imp...

How Bond Yields impact an economy

Source:husjur02,Shutterstock Summary US 10-year Treasury yield crossed the 1.6% mark and hit a one-year high last week following vaccine rollout a...

New GMC Hummer EV’s crabwalk feature set to enrich driving experienc...

Source:LeStudio,Shutterstock Summary The new all-electric Hummer by General Motors is all set to change the way people drive. In a recent video...

Australian GDP growth smashes 60-year record, economy picking up ste...

Source: patpitchaya, Shutterstock Summary Australian GDP rose by 3.1% during the December quarter, beating previous expectations by a large margin...

Payroll jobs fall in Victoria, Western Australia;Frydenberg bats for...

Source:Wright Studio ,Shutterstock Summary The payroll jobs increased in all states except Victoria and Western Australia in the fortnight to 13...

Housing prices in Australia highest in 13 years

he HomeBuilder grant, as well as record-low interest rates, led to the housing sector boom. The Australian housing market hit the headlines Wedne...

What ABS data shows about long-term rates in Australia?

Source: wutzkohphoto, Shutterstock Long term rates are now well above short term rates, indicating that long term economic prospects are promising. E...

Strong Demand Lifts Factory Activity Across the Globe in February

is further expected to push demand and factory activity over the near term. Without a doubt, COVID-19-driven lockdown restrictions initially weig...

RBA continues with quantitative easing, leaves interest rates unchan...

Source: EyeofPaul,Shutterstock Summary The Reserve Bank of Australia (RBA) on Tuesday kept the interest rates unchanged at 0.1 per cent and...

Lens on the AUD Amid Rising Commodity Prices

it retreated 3.5% over the week on account of a bearish commodities and equities market. The previous week saw the Australian dollar on a roll, s...

Australian house prices record steepest hike since 2003; what’s driv...

Source:sommart sombutwanitkul,Shutterstock  Summary Australian house prices reported their sharpest monthly rise since 2003 amid record low...

Chinese investments in Australia hit a 6-year low amid frayed relati...

med that Australia had blocked 10 Chinese investments on national security grounds. Amid the ongoing diplomatic tensions, Chinese investment in A...

Australians’ average earnings decline as low-wage jobs recover

o put downward pressure on the average, said Bjorn Jarvis, head of Labour Statistics, ABS. The average earnings for full-time adults declined mar...

Why Australian wages grew at slowest pace in December quarter

ate sector outpaced the public sector in wage growth during the period under review. The Australian wages grew at the slowest pace on record in t...

What drove the decline in Australia’s January exports

The global car manufacturing resulted in shortage of supplies. Australia recorded a goods trade surplus, even as import and export of goods fell...

How COVID-19 hit private health insurance industry’s performance in...

rlier part of the year negatively impacted the investment earnings. Australia’s private health insurance sector was significantly impacted...

Glimmer of hope amid pandemic: Australian retail sales rise in Janua...

The Australian retail sales surged as coronavirus-induced restrictions in different states eased in January 2021. The national retail turnover recorde...

January Jobless Rate lurches lower than expected

The Australian Bureau of Statistics (ABS) today released its latest data on Labour Force for the month of January 2021. The unemployment rate decrease...