Stalling wages growth and the 11-year record low Aussie dollar – a sign of the times? If you were planning to go on exchange anytime soon, you might want to put your plans on hold. Because the last time the Australian dollar traded this poorly, was during the Global Financial Crisis in 2009.
Scorching fires, thick plumes of smog, and irreversible damage to local ecosystems; this has been the reality of the eastern states of Australia for the past four months. In particular, this recent season has proven to be far more severe than any other in history. Not only did the bushfire season begin earlier and end …
Headlining the news these past few weeks, the Reserve Bank of Australia has maintained the cash rate at 0.75% despite ongoing concern from Coronavirus hindering short term growth. Last fortnights decision to maintain interest rates at a record low of 0.75 percent is reflective of the slowing economic conditions in Australia which are forecast to …
