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Will RBA raise cash rate by 0.50% for second consecutive time tomorrow?
July 04, 2022 01:45 PM AEST| By Akanksha VashishtHighlights,The RBA is likely to deliver an interest rate hike of 50 basis points in its July monetary policy meeting.,The central bank seems to be making up for a lost time as it delayed its first interest rate hike in the face of rising prices.,Conf...
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Stagflation vs recession: Which is more detrimental to the economy?
July 03, 2022 11:00 AM AEST| By Akanksha VashishtHighlights,Stagflation and recession have become commonly used terms over the last few months.,These economic phenomena are associated with an economic slowdown, high unemployment, and rising inflation.,Stagflation can be a more worrisome event than...
Are China’s trade sanctions on Australian goods unfair?
July 03, 2022 09:00 AM AEST| By Toshiva JainAnthony Albanese is willing to talk to Chinese officials to relieve China's sanctions on Australian exports. The Australian economy is suffering from economic losses because of souring relations with China.
Five tips to purchase a property in seller’s market
July 03, 2022 08:00 AM AEST| By Akanksha VashishtHighlights,Buying a house in a seller’s market can be tough due to several buyers for a limited number of properties.,If prices begin to decline, the buyer-side competition could increase even further in a seller’s market.,Managing finances, keeping...
In what ways can you fight inflation?
July 02, 2022 09:00 AM AEST| By Toshiva JainGlancing at clever ways Aussies are adapting to earn extra money in times of high inflation and rising mortgage rates.
Why are property prices tumbling in Australia?
July 02, 2022 08:00 AM AEST| By Akanksha VashishtHighlights,Dwelling values declined across parts of Australia in June, with Sydney and Melbourne leading the fall.,Property prices across some capital cities remained flat in June, depicting weakening conditions.,Buyers seem to be waiting for the pri...
How Australia plans to unlock value from mining waste
July 02, 2022 12:00 AM AEST| By Nitish KumarHighlights,Billions of tonnes of mining waste called tailings are generated by the mining industry every year.,According to research, tailing materials could contain valuable minerals, including critical minerals.,Instead of developing new mines, min...
AEMO's 30-year roadmap to supply affordable electricity
July 01, 2022 10:26 AM AEST| By Toshiva JainAEMO’s 2022 Integrated System Plan entails a 30-year roadmap for Australia’s energy industry transformation. The said plan intends to strengthen the National Electricity Market in the long run.
ASIC sues Mercer Financial Advice. Here’s why
June 30, 2022 06:54 PM AEST| By Sonal GoyalASIC has sued Mercer Financial Advice for misleading its client by not presenting fee disclosure statement and charging fee for no services.
CENSUS 2021: Australia’s millennial generation will overtake baby boomers!
June 29, 2022 02:48 PM AEST| By Toshiva JainCENSUS 2021 revealed that the millennials are on the verge of overtaking boomers. Additionally, the number of atheists and the people identifying as aboriginals is also increasing.
Why take-home pay of Aussies could fall from July 1?
June 29, 2022 02:22 PM AEST| By Akanksha VashishtHighlights,The rise in superannuation payments has come amidst rising inflation and tight labour market conditions.,Some employers may force their workers to pay for their own super rises, resulting in a loss of their take-home pay.,Households can ch...
Can Australian economy dodge recession?
June 28, 2022 04:57 PM AEST| By Akanksha VashishtHighlights,Recession talks in the US have created much stir in the global economy, clouding the economic outlook.,The US financial market is of great significance to the Australian banks, which often bear the brunt of high interest rates in the US.,G...
All you need to know about India-Australia defence ties
June 28, 2022 01:32 PM AEST| By Toshiva JainIndia and Australia aim to strengthen their bilateral ties for the betterment of the Indo-Pacific region. Both countries are likely to continue to provide defence and logistical support to one another.
What will another RBA rate hike do to Aussie house prices?
June 28, 2022 12:35 PM AEST| By Akanksha VashishtHighlights,CoreLogic’s national home index recorded negative dwelling value growth for the first time in 20 months in May 2022.,Interest rate hikes could deliver a major blow to economic growth as they might hit consumer confidence.,Most Australian h...
Aussie housing market: Has fear of overpaying overtaken fear of missing out?
June 28, 2022 11:14 AM AEST| By Akanksha VashishtHighlights,The Australian housing market is now facing the fear of overpaying amidst rising interest rates.,Buyers feel a house is much more expensive in a rising interest rate environment than during other times.,Dwindling property searches and a la...
Working from home tax claim shortcut to end
June 28, 2022 11:08 AM AEST| By Toshiva JainWorking from home tax relief to end by June 30. Aussies will now pay taxes under the fixed-rate method.
Australia’s private sector recorded fifth straight month of growth in June!
June 26, 2022 09:00 AM AEST| By Toshiva JainAustralia’s private sector has experienced growth for five months. However, the rate of expansion is low.
Challenges faced by Labor Government
June 25, 2022 09:00 AM AEST| By Toshiva JainAnthony Albanese faces multiple challenges as the party takes over as the new federal government of Australia. Inflation, foreign policy, and climate change are one of the most crucial challenges.
Is a housing market crash in the offing in Australia?
June 25, 2022 08:00 AM AEST| By Akanksha VashishtHighlights,The Australian property market has undergone drastic changes over the past few years.,Property prices have declined following interest rate hikes and tight lending restrictions.,The present scenario might not be the ideal time for buyers t...
Understanding Fair Work Commission’s decision to hike minimum wage
June 24, 2022 03:21 PM AEST| By Toshiva JainThe rise in minimum wage suggested by the Fair Work Commission has fueled the debate whether it will induce further inflation and loss of employment in the country.
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