Sydney and Melbourne CBD are good places to rent an affordable apartment as the cities show a large decline in the apartment prices.
The United Kingdom’s Brexit can bring new opportunities for Australians, according to Alexander Downer, Australia’s high commissioner to the UK. He said the UK’s exit from the European Union shouldn’t affect Australia’s chances of entering trade deals with the UK.
As the EU referendum comes to a close, the Australian market is preparing for a possible Brexit (Britain Exit from the European Union) win, which would have implications in the local market. Many Australian stock investors are waiting for the official outcome to arrive before buying or selling stocks.
Faces of our Economy is a campaign that seeks to dive deeper into the makeup of the Australian economy - Australians from all walks of life, and at different stages of their journey. Meet 21-year-old photographer Andrew Hoang.
A report argues that the over half a trillion dollars invested in infrastructure projects in the past decade failed to substantially lift economic output, with the 'margin of error' being as high as 30%.
The dropping value of iron ore is likely to impact producers that sell their products at higher rates.
Australia's biggest telco is planning an overseas expansion plan, starting with Asia.
Agents in Sydney, as well as in other parts of Australia, are of the opinion that expats and overseas buyers are helping to lift the market for luxury properties in the country.
Waning hopes on the potential power of continued international growth pushed down commodities today, with copper suffering the hardest hit.
Leading index provider Standard & Poor's Indices announced on Wednesday changes in the U.S. indices. It said that the S&P SmallCap 600 constituent Rock-Tenn Co. would replace Varian Inc. in the S&P MidCap 400 index, and LSB Industries Inc. will replace Rock-Tenn in the S&P SmallCap 600 index after the close of trading on a date to be announced.
The Australian gold stocks had inspired a beehive trading on Wednesday following the precious metal’s spot price record spikes in US trading overnight, with the spot gold price reaching as high as $US1,234.55 per fine ounce in the US session.
Trouble looms over BHP Billiton as it faces a controversial a graft scandal on its exploration project in Cambodia.
