The Greens demand rental assistance payments for Australians who are struggling to afford a house. However, the ALP seems reluctant to solve the issue, and the Greens warned the Albanese government to consider the demand to get...
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Project Iron Boomerang rail connecting Pilbara, Bowen Basin’s iron and coal to face senate committee
The Iron Boomerang project is a proposed rail network connecting the Pilbara region’s iron ore mines in Western Australia to the Bowen Basin’s coal mines in Queensland. The project has been proposed to support...
Global Expansion: Nuvei Announced Its Australian Launch
Nuvei is commencing its E-commerce business in the 12th largest economy to thrive globally. On Sunday, Nuvei, the Canadian FinTech Company announced it will enter the 12th global economy leader, Australia, to accelerate its...
Australia UOB: Economic growth lost momentum in 2022
Key Takeaways: The Australian economy grew 0.5% q/q (Quarter-Over-Quarter) in 4Q22, below expectations of 0.8% q/q, and below the revised 0.7% q/q print in 3Q22. From a year earlier, the economy expanded by 2.7% y/y (Year-Over...
Australia’s Slower Growth and Inflation Suggest Earlier RBA Pause
Key points: The household savings ratio fell from 7.1% three months ago to 4.5%, the lowest level since September 2017, Homeownership transfer costs and non-dwelling construction were subtracted from GDP, as did inventories Trade...
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Westpac is closing five more bank branches across Sydney, Melbourne, and Brisbane
The closure is a part of the bank’s ongoing restructuring efforts to improve its digital banking services and adapt to changing consumer habits. The affected branches are located in various suburbs of the three major...
Credit Suisse announces merger with UBS
The Star Entertainment Group was found guilty of...
Australia might start a new corporate revolution with...
Adani Group to Raise $400 Million Debt Against...
Oil spills by a giant oil firm caused the deaths of...
The Competition and Markets Authority of the U.K. seem...
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Anthony Albanese says China’s relationship is improving
The Prime Minister says, “the Australian government is investing in its growth along with improving relations with China. He says that he had a very successful meeting with Xi Jinping. Australia’s foreign minister visited China...
Anthony Albanese ended talks on the AUKUS deal with the US and UK
Just a day ago, Australian Prime Minister Anthony Albanese left for the United States of America to get a deal signed on the AUKUS pact, which is part of a strategic partnership between the allies: Australia, the UK, and the US...
The cost involved in acquiring nuclear submarines is gut-wrenching for Australians
In September 2021, the Australian government signed an AUKUS pact with the UK and US as a strategic partnership to ensure security and peace in the Indo-Pacific region and to counter Chinese interference. Anthony Albanese left...