The political climate means that defence spending is on the rise. North Korea is one trigger. As is the ongoing threat of terrorism. The boost to Australia’s defence capabilities may well be timely, possibly even well overdue.
An abundance of Asian shoppers are buying baby formula in large quantities, to sell on to China for profit. Masses of Asian shoppers often go through checkouts and later return to buy more quantities of the product.
If the mountainous levels of debt accumulated by Aussie home owners is anything to go by, that Ponzi scheme may be alive and well right here in the housing market.
The economy has seen the strongest jobs growth in history. But in a situation that has the experts scratching their heads, Australians’ wages remain stubbornly flat.
While there has been a boom in jobs growth, wage growth has remained stagnant. Auction clearance rates have continued to improve but 2018 has seen a drop in house prices around all major Australian cities.
‘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.
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.
The pursuit of justice, however well intended, can easily get carried away. Especially when it involves big, powerful investigations. These are infamous for heading off in directions you aren’t expecting.
After a decade of central bank driven ‘cheap money’, the world is awash in debt. And the debt problem goes way beyond Australia and the US.
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.
Ethical funds have been sprouting like weeds in recent years. Many of these funds shun companies involved in fossil fuels. But investors who turn their backs on coal may be interested in the latest news out of China…
If the government is to follow the international trend of regulating opioids, it should also embrace medicinal cannabis.
While raising salaries for the lowest paid workers even further sounds noble, it is also idealistic. The extra money they take home, after all, has to come from somewhere.
If there’s one thing every Australian knows — and dreads — about summer, it’s the flies. There’s a reason that methodically waving flies away from your face is known as the Aussie salute.
Did you feel let down by Donald Trump’s presentation at the World Economic Forum in Davos? Here, after all, is a president who shoots from the hip. Often poorly. It’s what makes him so darned entertaining.
Unfortunately, no one wants a benefit cut. At least not one that affects them. Therein lies the big problem for government. And the reason Australia’s federal government finds itself more than half a trillion dollars in debt.
Australia appears ready to sign on to the Trans-Pacific Partnership (TPP), along with 10 other countries. But currently the US isn’t one of them. Trump may have isolated himself from other economies willing to buy American products.
In a city that already faces crushing traffic congestion and crowded public transport, things may be about to get a lot worse. At least temporarily.
By clicking a single button, your privacy could already be breached. Thousands of people across 21 countries including the US, Canada, France, and Germany, have already been targeted.
Despite having constructed some of the biggest, widest and longest freeways in the world, congestion on Australian roads continues to cost us billions.
Climate change is one of the most talked about issues the world is apparently facing today. Big cities have started to take notice. And they’re taking action.
Jobs and businesses that were once Aussie owned are slowly but surely slipping out of our hands and into the pockets of international giants.
With slow wage and job growth, Australians are falling behind financially. And the amount of Australians withdrawing superannuation early on compassionate grounds has risen 590% in the last six years.
When was the last time you were in a bar or at the bottle shop and thought, ‘Wow, these drinks are cheap’? Most likely, your answer is ‘never’.
We discuss Venezuela’s idea to rid the county of their currency and launch its own cryptocurrency. The consequences for international trade and relations could be huge. Could this happen?
Property speculation in Australia is a national sport where corruption has been a distinguishing characteristic. Most of which has been to the detriment of the ordinary Australian.
Christmas should be a time of happiness and joy for families in Australia. Instead, counter-terror agencies and local police are sounding the alarm that this is the most dangerous time of year.
The battle between 13Cabs and UBER rages on, with the traditional transport provider apparently resorting to dirty tactics to win the war.
Much of the talk about Amazon’s launch in Australia has been doom and gloom for local retailers. But some online Aussie giants have taken a different approach.
Australian governments have encouraged young people to aim for university degrees. And many have been aiming high. But lately, the enrolment rate has come under fire.