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Economy
Retail trade picks up with reopening of the AU economy
October 29, 2021 06:40 PM AEDT | By Akanksha VashishtHighlights Data by the Australian Bureau of Statistics showed that retail trade rose by 1.3% in September 2021 over the previous month. Vary...
Has COVID-19 pandemic derailed Australia’s economic growth?
October 28, 2021 07:14 PM AEDT | By Akanksha VashishtHighlights According to Treasurer secretary Steven Kennedy, GDP is expected to show a drop of 3% in the September 2021 quarter. The highest GDP dr...
Can you give away stocks as donations?
October 28, 2021 05:38 PM AEDT | By Rishika RainaDonating stocks instead of cash is always a better option considering the interest of both parties. A wide range of charities, schools, hospitals, and...
Autumn Budget: Top 10 expectations from Sunak
October 27, 2021 07:14 PM AEDT | By Rishika RainaHighlights The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahea...
Australian core inflation rises to its fastest pace since 2015
October 27, 2021 03:42 PM AEDT | By Akanksha VashishtThe Australian Bureau of Statistics has recently released the Consumer Price Index (CPI) data for the September 2021 quarter. CPI is one of the most c...
Which Australian state has the strongest economy?
October 26, 2021 07:46 PM AEDT | By Akanksha VashishtHighlights Tasmania has been given the title of the best performing state economy for the June quarter by CommSec, under its State of the Sta...
China plans new property tax; here’s how it may hit Australia
October 26, 2021 01:51 PM AEDT | By AshishHighlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The...
Will Aussies sweeten the pot for retailers by shopping big time this...
October 24, 2021 12:00 AM AEDT | By Anam SiddiquiHighlights The Australian Retailers Association (ARA) and its strategic partner Roy Morgan have projected pre-Christmas spending of AU$58.8 billion...
UK launches world’s first green savings bond: What the savers can ge...
October 22, 2021 10:47 PM AEDT | By Suhita PoddarHighlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows afte...
Why falling inflation is not good news
October 22, 2021 04:52 PM AEDT | By Rishika RainaHighlights UK headline inflation dropped from 3.2% in August to 3.1% in September as per latest ONS figures. In the recent months, inflation has b...
Lockdowns weighed heavily on business confidence, says NAB
October 21, 2021 09:19 PM AEDT | By Akanksha VashishtIn a series of latest developments reflecting the impact of lockdowns in Australia, business confidence has reportedly declined during the third quart...
How are rate hike expectations shaping up in Australia?
October 21, 2021 06:23 PM AEDT | By Akanksha VashishtWith major developed nations moving towards monetary policy tightening, speculations are rife that Australia will also eventually walk on the same pat...
What to expect as RBA Shuts Down Wage Growth?
October 20, 2021 10:35 PM AEDT | By Daniel Paul JohnsHighlights Reserve Bank of Australia (RBA) has said its unlikely Australian wages will rise in the short-term, despite reports of industry labour s...
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Covid cases surge again: Will there be another lockdown?
October 19, 2021 10:30 PM AEDT | By Priya BhandariHighlights On Monday, new Covid cases reported in the UK were 49,156, highest reported since 17 July this year. The UK government is relying on th...
No changes in RBA’s policies, suggest October meeting minutes
October 19, 2021 06:02 PM AEDT | By Akanksha VashishtHighlights RBA’s meeting minutes started with a focus on the differing speeds of recovery seen across the globe. Australia’s economic...
What has caused a dry spell in Australian wine exports?
October 19, 2021 05:28 PM AEDT | By ManishaWhat has caused a dry spell in Australian wine exports? Image source: © Fintastique | Megapixl.comImage description: Wine exports...
Will this Christmas bring back the season of joy for Australia?
October 17, 2021 12:50 AM AEDT | By Rini ZachariahHighlights Vaccinations are picking up pace in Australia. Businesses are gearing for the economies opening up and the demand surging during the fe...
Will this Christmas bring back the season of joy for Australia?
October 14, 2021 08:23 PM AEDT | By Rini ZachariahHighlights COVID-19 vaccinations are picking up pace in Australia. Businesses are gearing up for the opening of the economy and the demand is surg...
Why UK job vacancies reached record highs despite cooling unemployme...
October 14, 2021 05:46 PM AEDT | By Suhita PoddarThe Office for the National Statistics (ONS) reported UK job vacancies touched a record high of nearly 1.2 million in September. The rise came as sev...
RBA’s Debelle says climate change threatens Australia’s carbon-inten...
October 14, 2021 02:20 PM AEDT | By AshishHighlights The transitioning of global economies away from fossil fuel has the potential to threaten businesses in Australia’s carbon-intensi...
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