‘Jobs and growth’ was the slogan for the Turnbull government in the 2016 election race. And while there has been jobs growth — 400,000 new jobs in fact — wages remain stagnant.
Australia had been fighting alongside their allies — the likes of the US, UK and France — in the Second World War when disaster struck on Australian soil.
While Australia hasn’t had a mass shooting since Port Arthur in 1996, that doesn’t mean it is Australia’s place to tell the US president how to run his country.
South Korean President Moon Jae-in says he hopes his efforts to engage rival North Korea at the Olympics will also lead to better ties between the North and its other major rival, Washington.
In an attempt to protect the US, Donald Trump’s immigration measures have been rejected by the Senate once again. It seems that the Senate dosen’t view Trump’s immigration proposals as a viable way to keep the US safe.
In 2016 Australia’s population grew at a rate of 1.4%. That’s faster than Canada’s 1.2%. And more than double the US growth rate of 0.7%. At this rate Australia’s population will double every 50 years.
Strong economic news out of the US is widely credited with 10%-plus falls in global stock markets. But in a vicious feedback loop, the tumbling markets may in turn take the steam out of the economy.
Most readers will be familiar with bitcoin. While far fewer will have heard of NEM coins. Let alone invested in them. But with news of one of the world’s largest crypto thefts making global headlines, NEM coins have gained some unwanted publicity.
While the markets are looking complacent, they could easily crash if a war were to break out. How would gold play into this, as the ‘safety’ commodity?