Economy

Stable outlook for Bank of Queensland (ASX:BOQ): Fitch

Highlights BOQ gets a stable outlook from Fitch ratings. The rating agency has issued ratings based on its newly issued Bank rating criteria....

Why has ASIC imposed additional licensing norms on ASX?

ASIC has released its report on the ASX November market 2020 outage. Based on the results of the investigation, ASIC has imposed additional licensing...

Is the international education crisis nearing its end for Australia?

Highlights The pandemic-driven lockdown restrictions have continued to weigh heavily on the education sector. While many universities have offered...

Are Australia’s ‘COVID-19 honeymoon’ days numbered?

Highlights COVID-19 has stirred up fresh concerns across Europe and Singapore. According to experts, a fresh surge in COVID-19 cases in Singapore...

What's pumping up Australia's consumer confidence?

Highlights Australia’s consumer confidence level improved during the past week. Improvement can be seen across the labour market, where wage...

How supply chain meltdown can affect your Christmas feast

Highlights  The UK’s supply chain crisis is causing shortage of products in supermarkets and rising inflation with warnings of shortages...

Why are Aussies stashing cash in times of cashless payments?

Highlights While tap-and-go payments have become the norm during pandemic, cash in circulation has continued to surge as well. The banknotes in ci...

Japan mulls US request to use gas stockpiles, rations in BC after fl...

Highlights  Japan is considering tapping into its gas stockpiles after US’ request to India, Japan and China Under Japan’s law, i...

RBA explores CBDC potential to support payments evolution

Highlights RBA has been researching on Central Bank Digital Currency. The Central Bank of the Bahamas is the first central bank in the world to ha...

Privium’s collapse leaves customers in limbo; here’s what happened

Highlights The collapse of home construction company Privium has left the future of hundreds of housing projects in jeopardy. Privium has halted 1...

Is Australia’s supercharged property market beginning to cool?

It appears Australian property prices have finally begun to simmer down from their record high levels after a growing number of properties are being l...

Why is iron ore so important to the Australian economy?

Highlights Iron ore forms a vast majority of Australia’s resources. China has long been the primary iron importer for Australia. China&rsqu...

What would Google’s investment bring forth for Australia?

Highlights Google has decided to invest a sum of AU$1 billion in Australia in the field of technology and research. Google intends to develop a pa...

Australian wages rebound to pre-pandemic levels

Highlights The wage price index rose 0.6 per cent during the September quarter. Wage and salary reviews around the end of the financial year promp...

Glasgow summit: COP26 climate pact in a nutshell

After being overrun by a day, Saturday bought an end to the COP 26 UN Climate Change Conference hosted by the UK in Glasgow. Government represent...

Will 2022 be a normal year for world economy?

The present world economy is looming as several market changes are taking place around the globe. Be it the energy crisis, or the fall of China’...

What RBA’s Philip Lowe said on inflation: Five key takeaways

Highlights Philip Lowe said most central banks around the world have concluded that the current increase in inflation rates are likely to be tempor...

RBA Nov minutes: No rate hike until wage & inflation criteria are me...

Highlights Minutes of the RBA November meeting revealed that the economy expected to rebound quickly with ease in COVID-19 restrictions. Policymak...

Voter Integrity Bill – Does Australia need this proposed electoral r...

The Australian government led by Prime Minister Scott Morrison has proposed to introduce voter identification legislation ahead of federal elections i...

10 tips for Aussie investors to buy property in 2022

Highlights Australian property prices are expected to fall in the wake of the two biggest banks raising their mortgage rates multiple times. Accor...