Economy

Could stagflation woes turn up once again for Australia?

Highlights Speculation is rife on whether Australia could undergo a spell of stagflation, given the ongoing inflationary pressures. Economies goin...

What to expect from RBA policy meet

Highlights Following an unexpected jump in inflation, investors and economists are keeping a close eye on the Reserve Bank of Australia’s (RB...

Retail trade picks up with reopening of the AU economy

Highlights  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?

Highlights 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?

Donating 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

Highlights  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

The 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?

Highlights  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

Highlights 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...

Highlights 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...

Highlights 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

Highlights 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

In 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?

With 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?

Highlights Reserve Bank of Australia (RBA) has said its unlikely Australian wages will rise in the short-term, despite reports of industry labour s...

Covid cases surge again: Will there be another lockdown?

Highlights 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

Highlights 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?  

What 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?

Highlights 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?

Highlights COVID-19 vaccinations are picking up pace in Australia. Businesses are gearing up for the opening of the economy and the demand is surg...