Browsing Tag
energy markets
One thing off the table for working Aussies
The Albanese government doesn’t want Australians working harder for less money despite a fall in the country’s productivity. That’s the message from Treasurer Jim Chalmers ahead of the Productivity Commission – an independent agency that…
Unexpected Aussie windfall out of Russia war
Coal companies have recorded windfall profits amid the Russian invasion of Ukraine, with new research revealing the billions of dollars exporters made.The value of coal exports skyrocketed to $112B over 2021-22 despite Australians being…
Worst year for stocks since financial crisis
Stock markets wrapped up their worst performances in years on Friday before heading into 2023 under recession fears following Russia’s invasion of Ukraine, high inflation and rising interest rates.Both US and European indices closed their…
Aussie house prices could be saved in one move
At its heart, the miracle Australian economy is a simple houses and holes mechanism. We dig up commodities and sell them to the world to make income. Then our big banks leverage that income in global markets in order to issue giant…