While you may not initially expect it to have such a large impact on the business landscape
British house-building fell at the sharpest pace since May 2020 last month as the cost of higher interest rates outweighed an easing in supply chain difficulties that bolstered other types of construction, according to a survey released on Thursday.
Gambling is an incredibly popular activity no matter where you live. This is true in both New Zealand and Australia, where people not only love to play, but enjoy using online or land-based casinos when visiting either of the countries.
Australia on Monday revealed that China has remained unresponsive to its pleas to ease tension between the two states.
Royal Commissioner Kenneth Hayne has identified “greed” as the key reason banks and other financial institutions repeatedly broke the law, along with an inability to manage, and repeated decisions by the Securities and Investments Commission and the Prudential Regulation Authority not to properly punish them.
Why do the richest 1% of Americans take 20% of national income, but the richest 1% of Danes only 6%? Why have affluent British people seen their share of national income double since 1980, while over the same period, the income share of wealthy Dutch hasn’t budged?
The U.S. Labor Department continues to release wonderful news for U.S. workers.
On Sept. 12, the U.S. Census Bureau released national poverty data for 2017. The headline was that 39.7 million people were poor in 2017. This works out to 12.3 percent of the population or one in eight Americans.
Today the international Coal Transitions project released its findings, based on global coal scenarios and detailed case studies by teams in China, India, South Africa, Australia, Poland and Germany.
Regulations are a part of everyday life. They cover everything from the cost and quality of the things we buy, to conditions of employment and the way our homes are constructed. Yet most of the time they go unnoticed.
The increasing level of Indonesia’s government debt has become a hot topic ahead of the 2019 presidential election.
The U.S. and China are currently engaged in an ever-escalating trade war with no end in sight. While the focus of the dispute has centered on tariffs, the consequences are expected to spill well beyond imports and exports to other aspects of the countries’ complex relationship.
The US and Russian presidents are meeting in Finland for their first extensive one-on-one conversation. Does much hang on this meeting? In theory, a great deal. In practice, not so much.
If the Commonwealth government’s proposed reforms for the distribution of the GST revenue between the States and Territories is implemented, about a billion dollars a year of additional commonwealth funds will be spent to ensure “no state will be worse off”.
While all workers benefit from the 9% superannuation guarantee, those on middle incomes benefit significantly less than lower and upper incomes.
Bill Shorten has said a Labor government would repeal already-legislated tax cuts for companies with an annual turnover between A$10 million and $50 million, but left its position up in the air for those between $2 million-$10 million.
US President Donald Trump and North Korean Leader Kim Jong-un will meet on Tuesday for their highly anticipated summit in Singapore. For the summit to be productive, the negotiations need to converge on a lowest-common-denominator shared interest that both parties can agree on.
With many of the Trump administration’s recent decisions running directly counter to the other members’ interests, the summit promises to be tense. Here’s what each member state hopes to get from it.
The results of Italy’s general election on March 4 were problematic. We are now in another full-scale European crisis.
Does the Coalition’s tax plan favour high earners over those with lower incomes?
The Fair Work Commission cited strong economic forecast in setting the new minimum wage at $18.93 per hour or $719.20 per week.
“Britain has the most liberal attitude towards migration of any European country. And that followed the Brexit vote.”
South Africa’s machinery and equipment industries have recently come under huge pressure. Falling demand after the 2008 financial crisis and rising energy costs have harmed the sector.
New Zealand’s Labour-led coalition government used its first budget to drive step changes in social and environmental outcomes. The investment approach to public policy has become the new orthodoxy for governance.
The cost Prince Harry and Meghan Markle’s nuptials on May 19 2018 has been estimated at £32m by one wedding planning company. The cost to the public, however, will be far less than his brother William’s marriage to Catherine in 2011, largely because this brought with it a bank holiday.
Labour campaigned hard on promises to boost health and education in particular, saying both sectors had been underfunded by the previous National government.
The Reserve Bank of Australia (RBA) is making an explicit trade-off between inflation and financial stability concerns. And this could be weighing on Australians’ wages.
Nigerian President Muhammadu Buhari’s visit this week to the Trump White House will be awkward. His host is a president who has referred to African states as “shithole countries.”
A global trade war is brewing as the U.S. and China slap tariffs on each other’s products. These actions have prompted significant concern and discussion about the wisdom of this action.
The government is scrapping its $A8.2 billion planned increase in the Medicare levy, declaring a stronger budget outlook means it is not needed to fund the National Disability Insurance Scheme.
The TPP was on track to become the world’s largest free trade zone by joining Pacific Rim countries that collectively produce about 40 percent of global economic output. But Trump railed against the accord.
Australian governments don’t work with each other and it’s holding back regional economies in trouble
Even though Australia has enjoyed 25 years of economic growth, many regional communities have either struggled to recover or never recovered from factory closures, declining commodity prices, or a drop in tourists.
Australian millennials’ incomes have grown more than baby boomers and millennials in other countries
Australians aged from 25 to 34 have actually enjoyed increases in their incomes compared to the population average. They have also done better than people the same age in other countries.
The happy case here is that Trump gets the message, doesn’t overreach, and stops threatening further US tariffs.