Economy
Australia’s falling living standards
Falling real wages and a surge in tax and interest payments have led to a slump in Australian living standards; but a broader driver of the malaise in living standards has been a slump in […]
Month: December 2024
Economy
Job market drives ahead
36,000 Australian jobs created in November, well above the 25,000 being predicted by economists who are now saying don’t hold out for an interest rate cut any time soon An unexpected surge has seen Australia’s […]
Economy
No great sentiment
Monthly NAB survey shows Australian business sentiment largely declined in November, after a short-lived October spike. According to a national survey, Australian business conditions ticked down to 2 (which is slightly above the neutral level […]
Economy
Where is the economy heading?
Another year of Goldilocks in 2024, AMP Capital’s Shane Oliver looks at what’s ahead for 2025 2024 was like a rerun of 2023 with lots of angst but it turned out okay. Key big picture […]
Economy
No rate cuts before Christmas
The hopes for a December rate cut were slim leading into today’s meeting, with financial markets giving just a 6% chance of a rate cut in December The RBA (Reserve Bank of Australia) keeping interest […]
Feature
Chinese dance spectacular, Shen Yun faces allegations of child trafficking and abuse
As Shen Yun gears up for its annual multi-million-dollar tour of Australia, the U.S.-based Chinese dance group is facing a class action lawsuit for multiple counts of child trafficking, abusive practices and breaching a slew […]
Automotive
New car sales drop
Double-digit drop in new vehicle sales for November compared with corresponding period last year but Toyota’s RAV4 bucks the trend with an impressive 125 percent increase in year-on-year sales New vehicle sales results released this […]
Economy
Weak GDP might signal a rate cut
Economists think a 2025 interest rate cut has become even more likely following a GDP rise of just 0.3 per cent in the September quarter that was held up by greater government spending Australian gross […]
Finance
Mortgage nation
Australia has one of the most concentrated banking systems in the developed world, and we owe more to the ‘Big 4’ banks than ever, including those about to retire. Harry Chemay with the analysis. A lot has […]
Property
Home prices stall
The increase Australian home values in November has slowed to a snails pace with economists saying buyers are holding out for an interest rate cut in 2025 CoreLogic’s national Home Value Index (HVI) increased by […]
China
Shanghai on show in Sydney
The Invest Shanghai Global Roadshow reveals that China’s financial capital has a great deal more to offer investors than just finance Three of Shanghai’s premiere districts were on show at a trade promotion event in […]
Automotive
Life in the F1 fast lane
China’s first Formula One driver Zhou Guanyu may have lost his ride with Kick Sauber for 2025 but he is currently in negotiations with other teams to sign up as a reserve driver, having recently […]