Economy

Saudi Arabia to Reserve Majority of Marketing and Sales Jobs for Its Own Citizens

2 min read

Saudi Arabia is set to sharply reduce expatriate employment in its marketing and sales sectors as part of a major push to create more jobs […]

Exclusive Economy

US Officials Warn Canada Will Regret Opening Door to Chinese EV Imports

2 min read

Senior officials in the Trump administration warned that Canada will come to regret its decision to allow China to ship up to 49,000 electric vehicles […]

Australia Economy

Australian Dollar Hits 14‑Month High as ASX Slips Despite Global Metal Surge

2 min read

Australia’s share market closed lower on Wednesday even as gold and silver reached record highs and US stocks climbed. The Australian dollar strengthened sharply, rising […]

Economy Australia

China’s Trade Surplus Tops $1 Trillion for First Time

2 min read

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 […]

Australia Economy

Australia’s Inflation Spike Raises Prospect of Reserve Bank Rate Hike

1 min read

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 Economy

Australia’s Shadow Banking Boom: Non‑Bank Lenders Race Ahead, Regulators Sound Alarm

1 min read

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 […]

Australia Economy

Underlying Inflation Surges Beyond RBA Forecasts as Power Prices Drive Spike

1 min read

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 […]

Australia Economy

Australians Pull $1.4 Billion From Super for Medical Costs as Regulators Sound Alarm

2 min read

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 […]