RBA cuts rates: Mortgage relief, market shifts & watchful Aussie Dollar
The Reserve Bank of Australia has eased the cash rate for the first time in over four years, trimming it by 25 basis points...
The AUD’s fate: The interest rate illusion
Stephen Koukoulas doesn’t buy into the hysteria. The economist has pushed back on the idea that an interest rate cut would automatically send the...
Weakest since Delta lockdowns: Consumers tighten belts, economy still grows
Australians are feeling the pinch. As cost-of-living pressures grow, many are cutting back on their discretionary spending, leaving a mark on the economy. According...
Of booths, brains and Koalas: Tales from Dubai Fintech 2025
It’s been more than a week since I returned from a two-day Fintech Summit in Dubai hosted by His Highness Sheikh Mohammed bin Rashid...
IT dips, healthcare stays strong and energy surges
Australia’s economy continues to surprise, with some sectors posting gains while others face downturns. The latest figures from the Australian Bureau of Statistics (ABS)...
Tax Ombudsman calls on ATO to fix “poor service” to tax agents
The Tax Ombudsman has criticised the Australian Taxation Office (ATO) for its poor service to registered tax agents, following a review that found widespread...
Australia’s tourism sector: Decline, growth, or a bit of both?
Australia’s tourism industry is facing a paradox: on the one hand, certain sectors are struggling, shedding jobs by the thousands; on the other hand,...
South Australia’s record exports to China fuel global growth
South Australia's exports to China have surged to a record-breaking $4.43 billion, marking a 45% increase in the past 12 months, according to the...
Maincode to build $30 Million AI factory in Melbourne with AMD partnership
Maincode has announced a $30 million investment to build what it calls Australia’s most advanced AI factory, a new facility in Melbourne set to...
Diplomats, business leaders & industry experts gather for ABSC’s Ekonomos launch
Aqua Luna Waterfront Dining in Drummoyne played host to a distinguished gathering on 20th February, as the Australian Business Summit Council Inc. (ABSC Inc.)...