Tag #Australian Economy

Showing 37 to 48 of 82 results

smh.com.au
🌐 75% Global Worthiness
News related image

Westpac CEO Welcomes Labor's Win, Highlights Banking Sector Challenges

Westpac CEO Anthony Miller lauded Australia's improved economic stability under the Labor government, contrasting it with the instability caused by Trump's trade policies, while acknowledging the challenges facing the banking sector due to increased competition and higher interest rates.

Progress

60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
News related image

ASX 200 Set for Flat Open Amidst US-China Trade Tensions

Australia's ASX 200 is poised for a flat open on Monday, following Wall Street gains, while investors await crucial Australian inflation data this week that may lead to an interest rate cut. Concerns remain over US-China trade tensions and their global economic effects.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
News related image

CoStar's Bid for Domain Shakes Up Australian Real Estate Market

CoStar's bid for Domain, a significant Australian real estate listings company, has created a market upheaval. REA Group, Domain's main competitor, saw its valuation drop by over $7 billion, while CoStar's valuation increased by over $4 billion since February. Nine Entertainment, Domain's owner, may...

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
News related image

Australia's Budget to Reveal Deficit, Include Cost-of-Living Relief

Australia's Labor government will release its fourth budget next Tuesday, revealing a deficit of approximately \$26.9 billion, but including further cost-of-living relief for households, with details to be announced later, aiming to boost the government's standing before the upcoming election.

Progress

44% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
News related image

AMP Bank Backs Australian Small Businesses Amidst Global Uncertainty

AMP Bank is launching a new digital banking platform for small businesses in Australia, confident the local economy will weather global market turmoil despite US tariffs impacting Australian exports and a potential US recession.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
News related image

Hancock Prospecting's Record Profit Amidst Warnings of Government-Induced Economic Stagnation

Hancock Prospecting reported record A$5.6 billion net profit in FY24, but Executive Chairman Gina Rinehart warns that excessive government red tape is hindering further growth, advocating for an "Australia-first" policy to boost investment and living standards, contrasting Australia's situation with...

Progress

64% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
News related image

Australian Inflation Data Undermines Dutton's Election Campaign

Australia's March quarter inflation data showed underlying inflation at 2.9%, contradicting Peter Dutton's campaign claims and potentially impacting his election prospects; grocery prices rose 13.3%, not 30%, since the last election, and electricity price increases were lower than Dutton claimed.

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Coalition to Cut Housing, Energy Funds to Finance Election Promises

Peter Dutton's Coalition plans to fund its \$50 billion election promises by cutting \$15 billion from the Rewiring the Nation and Housing Australia Funds, impacting national electricity upgrades and affordable housing, while also cutting 41,000 public servants and forgoing \$16 billion in student d...

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
News related image

Australia's Lagging Economic Growth Threatens Future Generations

Australia's economic growth has underperformed in the 21st century due to poor policy choices, resulting in lower real wages, reduced homeownership for young people, and a trillion-dollar public debt, threatening the wellbeing of future generations.

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Cyclone Alfred to Slash \$1.2 Billion from Australian Budget

Cyclone Alfred will cost the Australian federal budget \$1.2 billion and slow economic growth, while think tanks urge significant reforms to address long-term economic challenges amid global uncertainty.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Whyalla Steelworks' \$1.34 Billion Debt Crisis

Whyalla steelworks, owned by Sanjeev Gupta's GFG Alliance, entered voluntary administration with \$1.34 billion in debt, impacting 4000 workers and the town of Whyalla, prompting a \$2.4 billion government rescue package.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
News related image

Australian Interest Rate Cut Spurs Housing Market Recovery

A single cut to Australian interest rates in February has sparked a slight recovery in Sydney and Melbourne house values, with rental growth slowing significantly, setting the stage for an election campaign focused on economic policy.

Progress

36% Bias Score

Reduced Inequality

Showing 37 to 48 of 82 results