China’s Trade Surplus Tops $1 Trillion for First Time
China’s trade surplus has exceeded $US1 trillion ($1.5 trillion) for the first time, driven by manufacturers rerouting exports away from the United States to other […]
Category: Economy
Australia’s Inflation Spike Raises Prospect of Reserve Bank Rate Hike
The release of the new monthly Consumer Price Index (CPI) by the Bureau of Statistics has shaken economic expectations, showing inflation is proving stubborn. Headline […]
Australia’s Shadow Banking Boom: Non‑Bank Lenders Race Ahead, Regulators Sound Alarm
Australia’s non-bank lenders are expanding rapidly, fueled by interest rate cuts and a surging property market. Analysts warn that their growing influence and limited oversight […]
Underlying Inflation Surges Beyond RBA Forecasts as Power Prices Drive Spike
Australia’s underlying inflation has risen faster than expected, with the Reserve Bank’s preferred “trimmed mean” measure climbing from 2.7 per cent to 3 per cent […]
Australians Pull $1.4 Billion From Super for Medical Costs as Regulators Sound Alarm
Australians withdrew more than $1.4 billion from their superannuation on compassionate grounds in the last financial year, with most of the money spent on medical […]
Bangladesh Faces Economic and Health Crisis from Rising Temperatures
A new World Bank report has issued a stark warning about the escalating impact of heatwaves in Bangladesh, revealing that rising temperatures are now a […]
Afghani Currency Hits Four-Year High as Central Bank Targets Global Reach
Afghanistan’s central bank says the value of the Afghani has risen 21% against foreign currencies over the past four years, maintaining notable stability against the […]
Global Edible Oil Prices Surge, Canola Dips Amid Market Volatility
Edible oil prices have climbed sharply across global markets, with soybean, palm, and sunflower oils leading the charge. Soybean seed prices rose nearly 1% over […]
Bitcoin Becomes Mysterious as Major Companies Invest in Cryptocurrency
In recent times, the global market’s interest and investment in Bitcoin are rapidly surging. Surprisingly, some of the world’s biggest companies are now integrating Bitcoin […]
ACT Government Cuts Proposed Health Levy After Greens Negotiation
The ACT government has reduced its proposed health levy from $250 to $100 for residential ratepayers following a deal with the Greens. The levy was […]
