US stock markets lifted due to some optimism returning to the Old World with the German DAX rallying while the absense of economic news was vastly overshadowed by the start of the US elections as the USD continued its falls following the Iowa surprise polling over the weekend. Euro continued its rally above the 1.09
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Exclusively from Gerard Minack beautifully analysing everything MB has argued for over ten years. Amazingly. The Australian economy has been on public sector life support for a year as a policy squeeze caused a recession-like slump in real incomes. Real income growth is probably past the worst, so there may be a tepid cycle recovery.
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The federal government has quietly delayed plans to introduce local content requirements for major streaming platforms, with no indication of when it might return to work on the policy.
MOSCOW (Sputnik) - US billionaire entrepreneur Elon Musk has designated as a lie the statement made by US Vice President and Democrat presidential candidate Kamala Harris that US troops are not deployed in any war zones.
Australians are experiencing the longest per capita recession on record, with six consecutive quarterly falls in per capita GDP and seven declines in the previous eight quarters. The International Monetary Fund’s (IMF) most recent World Economic Outlook report, released last month, predicted that the Australian economy would grow by only 1.2% in 2024, down from
Last month, PropTrack released data showing that Australian housing affordability has declined to its lowest level on record with median-income households earning just over $112,000 a year able to afford only 14% of homes sold across the nation. A median-income renting household could only afford 11% of homes sold in the previous year (and just 9%
National Rural Health Alliance Media Release The long-awaited final report Unleashing the Potential of our Health Workforce: Scope of Practice Review was released today following over a year long process to conduct the review in four phases. “The National Rural Health Alliance congratulates the team led by Professor Mark Cormack for this important review which…
The possibility of one or more Very Fast Train (VFT) lines for Australia has been debated for more than 40 years, most often being treated as a complete joke. However, perhaps that’s about to change.
Prime Minister Anthony Albanese has long been a supporter of VFT transport for Australia, and his government is now putting its money where its mouth is. As this article in The Conversation notes:
Asian stock markets have seen a big boost across the region as Chinese stimulus seems to be working with a very solid services PMI, but Melbourne Cup Fever could not overshadow a tight RBA that held at today’s meeting, pulling down local stocks as a result. The USD remains in limbo land as everyone and
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By Denis Hay Description Living on the aged pension in Australia is challenging. Discover the financial hurdles and explore how monetary sovereignty could reshape support. Introduction: The Challenges of Living on the Aged Pension in Australia For many older Australians, retirement means transitioning to life on the aged pension. This safety net, designed to support…
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The US and its allies are waging a hybrid war against Russia, but their aggressive sanctions are hurting the world’s poorest nations the most and backfiring on Washington, Russian Foreign Minister Sergey Lavrov has stated.
