Economy

Why are millions of Aussies voting before election day?

  • May 16, 2022 04:29 PM AEST
  • Manisha
 Why are millions of Aussies voting before election day?

Highlights Nearly 2 million Australians have already cast their ballot before the election day. Early voting ensures that people don’t waste their vote because of lack of time on the election day. It gives them a wider time window to rea...

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What is in store for Australian housing market in 2022?

What is in store for Australian housing market in 2022?

Highlights Australians might be looking at a gradual cooldown of the real estate market, owing to an interest rate hike and a demand slowdown. The threat of rising interest repayments is enough to keep many buyers off the property market. The ...

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Will petrol prices hit AU$2 a litre again? Why are Aussie petrol prices soaring?

Will petrol prices hit AU$2 a litre again? Why are Aussie petrol prices soaring?

Highlights A fuel price hike seems to have virtually nullified the excise cut offered by the government, pushing motorists into peril. Many states have observed a larger spike in fuel prices than others due to the varying underlying costs of pr...

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Will rising power bills impact Morrison Govt's re-election bid?

Will rising power bills impact Morrison Govt's re-election bid?

Highlights The present government has seen a bevy of challenges ahead of the election campaign. Concerns loom that rising power bills could potentially affect consumers’ voting decisions. Despite what the political leaders claim, many ex...

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Why Australian bond yields are scaling new heights

Why Australian bond yields are scaling new heights

  • May 10, 2022 05:13 PM AEST
  • Aayush

Highlights Yields on the Australian benchmark 10-year bond have risen above 3.5%, as of 10 May 2022. The US Fed has hiked the interest rates by 50 basis points, which spooked the markets across the globe. Based on a few surveys, the cash rate ...

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ANZ, NAB and CBA release key economic data; know more

ANZ, NAB and CBA release key economic data; know more

Highlights The big four banks have released key economic data for April, which was marked with rate hike expectations. The ANZ-Roy Morgan consumer confidence dipped slightly, while NAB monthly business survey showed an optimistic scenario. The...

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How Australian Fashion Trademark will guide growth in national economy

How Australian Fashion Trademark will guide growth in national economy

  • May 10, 2022 12:00 PM AEST
  • Manisha

Highlights: The Australian Fashion Council has officially rolled out Australian Fashion Trademark. The Australian Fashion™ will give an identity to the innovative work of art from Australia’s fashion & textile industry. Four po...

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Morrison-Albanese debate: key takeaways for markets

Morrison-Albanese debate: key takeaways for markets

Highlights: Anthony Albanese said his labour party would focus on increasing wages to combat rising prices. Significant issues such as First Nations Policy and Aboriginal and Torres Strait Islander people have not been yet discussed. Scott Mor...

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How is Australian job market faring?

How is Australian job market faring?

ation days. The current stance of the Australian job market has grabbed all eyes. There has been a significant increase in the number of jobs available in Australia. The unemployment rate has been declining over recent months to 4% and labour f...

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Federal Election 2022: Healthcare needs and promises

Federal Election 2022: Healthcare needs and promises

Highlights Promises of major parties regarding the health policy have been in the limelight The aged care sector calls for a workforce partnership supplement Pharmacy Guild is delighted by the commitment made by both major parties to make medi...

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How are sky-high living costs impacting pensioners in Australia?

How are sky-high living costs impacting pensioners in Australia?

  • May 08, 2022 12:12 AM AEST
  • Manisha

Highlights Pensioners desire a stable cost of living that doesn’t hurt their pockets. The living cost has surged manifold for the pensioners in Australia. Disruptions in the supply chain of goods due to multiple factors have flared the r...

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