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Will Brexit continue to bother UK businesses in 2022?
January 11, 2022 01:01 AM AEDT| By Priya BhandariIt’s been more than a year since the UK left the European Union but its impact on the economy has been a double-edged sword for businesses as trading across the European Union has become very difficult due to various reasons. Before Brexit, .....
5 golden rules to being a successful ecopreneur
January 11, 2022 12:54 AM AEDT| By Ankit SethiStarting a commercially viable business is not easy, and starting a commercially viable business that addresses ecological issues is even more demanding. Source: Pixabay.com Is there a way to be a successful ‘ecopreneur’? The term r.....
How is Omicron variant emerging as a threat for Australian economy?
January 10, 2022 08:42 PM AEDT| By Akanksha VashishtHighlights Consumer spending dropped to its lowest level since the Delta variant outbreak during the week ended 5 January. Consumers have taken a cautious approach without many restrictions being imposed from the government’s side. A sho.....
Building approvals inch higher in November 2021, says ABS
January 10, 2022 02:07 PM AEDT| By Akanksha VashishtThe property market has had a phenomenal ride throughout 2021, with a slight slowdown in prices being observed as the year ended. Despite prices inching up higher, though at a lower rate than before, Australians have been flocking the markets in se.....
Australian Election 2022: Why tax reforms should be a hot topic
January 10, 2022 11:25 AM AEDT| By ManishaHighlights The most significant forms of taxation in Australia include Income Tax, Capital Gains Tax, and Goods and Services Tax. Global forums such as the OECD and the IMF have suggested that comparatively heavy taxation on incomes relative to.....
Is Australia staring at stagflation in 2022?
January 09, 2022 02:04 AM AEDT| By Akanksha VashishtAmid changing headwinds, the inflation forecast for Australia remains convoluted as the country enters another year marked with uncertainty. While inflation anxiety is dominant among some economists, other experts believe that inflationary expectat.....
How is Omicron likely to impact Australian property prices?
January 09, 2022 01:44 AM AEDT| By AshishWhile the COVID-19 pandemic caused significant economic distress last year, Australian property prices still managed to rise by 22%, the sharpest rise in three decades. But what should now be expected as the Omicron variant has started to pose anot.....
What to do when debt feels unmanageable?
January 09, 2022 12:30 AM AEDT| By Ankit SethiHighlights Unmanageable debt can be a little painful, but there are ways to overcome the stress The debt-to-income ratio is a measure that can tell you if you are accumulating too much debt Increasing your income level is not easy, but identif.....
Covid, cryptos & climate: How 3 Cs that ruled 2021 will impact 2022
January 08, 2022 04:24 AM AEDT| By Ankit SethiHighlights 2021 was the year of Cs -- corona, capital, credit, cryptos, and climate change Three of these, climate change, cryptos and corona dominated headlines across the globe 2022 might be the year when the dust settles on cryptos, and emi.....
After a disruptive 2021, what are the economic factors to look at in 2022?
January 08, 2022 12:14 AM AEDT| By Toshiva JainHighlights 2021 was the year of economic disruptions. Economic factors like inflation and interest rate changes can play a crucial role in shaping the world economic status in 2022. While there are hopes of recovery, with Omicron cases o.....
Five consumer trends that can emerge in 2022
January 07, 2022 06:14 PM AEDT| By Akanksha VashishtThe COVID-19 pandemic has sparked off a new generation of tech-savvy consumers, who have a diverse taste palette for goods and need everything quickly. While being confined within their homes during lockdowns, most consumers turned to online shoppi.....
The Great Resignation: Will it continue in 2022?
January 06, 2022 03:26 AM AEDT| By Versha JainHighlights The Labor Department’s latest JOLTS report showed that the number of quits reached 4.5 million in November 2021. Also, job openings were down from 11 million in October to 10.6 million in November. With 6.9 million u.....
What does 2022 look like for global housing market?
January 04, 2022 08:47 PM AEDT| By AayushThe housing market witnessed a red hot spell in 2021. The double-digit price rise supported by historically low mortgage rates and inventory shortages in many countries catapulted housing prices way out of the comfort zones of many homebuyers. It .....
2022: A major year for Australia with elections around the corner
January 04, 2022 08:24 PM AEDT| By Akanksha VashishtHighlights The 2022 election is expected to shed light on how successfully PM Morrison weathered the COVID-19 storm. Voters are well aware that the pandemic would be a looming threat in the coming years. PM Scott Morrison’s policie.....
Why 2022 could be a bumpy ride for Australian economy?
January 04, 2022 06:53 PM AEDT| By Akanksha VashishtHighlights Despite buoyant expectations, the Australian economy has to navigate certain challenges in 2022. Rising inflation has triggered stagflation fears, while the timeline for an interest rate hike remains unclear. Significant damag.....
US manufacturing PMI falls in December, factory activities up
January 04, 2022 09:09 AM AEDT| By Rupam RoyHighlights The US manufacturing purchasing managers index (PMI) was 57.7 in December, lower than the previous month. The total construction spending rose 0.4% in November. President Biden was scheduled to interact with farmers, ranchers, and i.....
Is Australia standing apart from the world inflation fever?
January 03, 2022 12:30 AM AEDT| By Akanksha VashishtHighlights Early in December, the central bank indicated that a further increase in inflation levels is needed for monetary policy tightening. After the December monetary policy meeting, rate hike expectations have been pushed back. Rising com.....
These trends can become catalysts for Australia’s growth in 2022
January 02, 2022 12:27 AM AEDT| By Akanksha VashishtHighlights The year 2021 saw significant changes among corporations worldwide when companies ran their operations remotely. The pandemic has sparked some interesting developments for the Australian economy, which can be a starting point for imp.....
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Would inflation take a breather in 2022?
December 31, 2021 06:45 PM AEDT| By AayushThe COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditions, etc. In order to get back on track and recover from battered economies, central banks across .....
Finance sector leads job recovery for Aussies
December 31, 2021 06:23 PM AEDT| By Sukriti NairHighlights The last two years have changed the way economic sectors create jobs in Australia. While manufacturing jobs have fallen, finance, and health sectors have emerged as top job creators. The employment scenario in Australia se.....
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