What caused the sudden influx which is prompting the extraordinary political response from voters?
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
The only thing not going up during inflation is the one thing we want to go up…
Do we need central banks? A babysitting co-operative in the 1970s shows us why we might need them, and why we might not.
We stand at a precarious point where the interplay of high interest rates, towering debts, and the fragility of household finances create a challenge for the global economy.
We’re so fixated on interest rates that punting on their direction rivals punting on horses. But what use is it? For value investors, not much…
Don’t forget, the reason for the Fed’s likely pause is because of a slowing economy.