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 […]
Economy
Solid economic data drives shares
Global share markets mostly rose over the last week. US shares rose 0.9% on the back of solid economic data and a mixed but okay start to earnings reporting season. Eurozone shares rose 0.2% with the […]
Culture
Behind the mask of a Chinese dance spectacular
New York Times investigation finds, behind the pageantry of Shen Yun, a culture of abuse and persecution of its performers They began appearing about two decades ago, often around the holidays, and often at high-end […]
Comment
Global public debt is worse than it looks
Global public debt is very high. It is expected to exceed $100 trillion, or about 93 percent of global gross domestic product by the end of this year and will approach 100 percent of GDP […]
Business
Andy Schmulow: a bulldog who won’t rest
With ex-partners suing them, the parliament grilling them, the government firing them, the Australian Federal Police investigating them and the media lambasting them, the tax scandal ridden PwC clearly doesn’t have much to worry about. […]
Property
Three million additional strata units offer part of the solution to housing crisis
New analysis has identified the potential to build more than three million additional strata units over almost 1.3 million sites across Australia’s capital cities, providing one potential solution to Australia’s growing housing crisis. Of those units […]
Property
What is going on with property investors?
CoreLogic’s Head of Research, Eliza Owen explores the dynamics of property investor activity There are two main narratives about Australian housing investment in 2024 that seem to contradict each other. One is that investors are […]
China
China’s big stimulus
A move towards more aggressive fiscal policy stimulus and property support measures should help drive a mild cyclical upswing in China’s economy. However, it’s doubtful it will be enough to reverse longer term structural problems […]