Economy

Australia records another quarter of high inflation

Highlights The Consumer Price Index (CPI) surged 1.3 per cent in the December 2021 quarter. Annual price inflation of goods was the highest since...

Online Safety Bill: 7 points to note

Highlights  The Online Safety Bill is a proposed Act in the United Kingdom to enhance the safety net around internet. The Digital, Culture, M...

Omicron impact: Private sector activity contracts in Australia

Highlights Amid rising cases of coronavirus, private sector activity shrank in Australia in January 2022. Australia’s composite PMI declined...

Are global markets headed towards a crash in 2022?

Highlights A superbubble is created when prices of several asset classes go through the roof simultaneously. Finally, the time has come for centra...

What to expect from December 2021 quarter inflation data

Highlights The fiscal and monetary stimulus provided during the pandemic has created an environment shaped by rising prices. Rising employment in...

Is the Australian economy on the brink of hyperinflation?

In the COVID-19 era, experts have time and again highlighted the difficulties attached to rising price levels across the globe. Concerns of rising inf...

Trends that will redesign small business in 2022

Highlights As the pandemic entered our lives almost two years back, the entire paradigm of the business world changed. The already dynamic busines...

Has the Australian property market reached its peak?

After steadily increasing for several months in a row, the Australian property prices have begun to show some signs of a slowdown amid improving suppl...

How would inflation further affect sectors? 5 pointers to note

The inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on t...

Behind tall electioneering claims: Are Aussies getting the economy a...

Highlights The Australian economy saw many feats at a time when the economy was still majorly under lockdown. During the pandemic, stimulus measur...

Good news for Aussies, jobless rate dips to 13-year low

Highlights Australia observed a large increase in employment in December 2021, says ABS. The unemployment rate fell to 4.2% last month. Easing re...

UK inflation surges to a 30-year high level: What to expect now?

Consumer Price Index (CPI) inflation in the United Kingdom jumped to 5.4% in the final month of 2021. Britain’s inflation rate rose to the highe...

Has Australian economy begun to show impact of Omicron variant?

Highlights Australia saw increased consumer spending pumping large sums of money into the economy last year. Aussies have embraced self-imposed re...

Is Australia approaching Lewis turning point? How to tackle it?

The field of economics is full of interesting concepts and ideas, which help understand the performance of financial and other markets. Those keeping...

Why Australia witnessed spike in international travel towards 2021 e...

Highlights The festive spirit resulted in booming international travel towards the end of 2021, as per the data released by the Australian Bureau o...

How fintechs are disrupting Australia’s traditional mortgage busines...

Highlights Fintech companies have started to pose serious challenges to traditional mortgage firms. The younger lot is now more open than ever in...

How will slowdown in China's GDP growth impact Australia and other c...

China's economy expanded by only 4 per cent in the fourth quarter of 2021, its slowest pace in nearly two years. Growth in the world's second-biggest...

Report: World’s richest got richer during pandemic

A recent report by Oxfam has stated that the world’s 10 richest people have seen their fortune increase by more than double from US$700 billion...

Why China’s GDP numbers are important for Aussie iron ore miners

Highlights China will be releasing its Q4 GDP data on Monday at 0200 GMT. Investors will be keenly watching the commodity space, as China’s...

Why is Australia relaxing border rules despite COVID-19 spike?

Highlights Despite a spike in COVID-19 tally, the Australian government has decided to relax restrictions over movement across borders. The border...