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Sophia Jiang
Australia Announces Multi-Million Dollar Investment to Boost Defence Capabilities
The Australian federal government has announced two significant investments to boost the Australian Defence Force (ADF)’s capabilities in ...
Australia
December 31, 2020
Fitbit Acquisition Sees Google Face Further Scrutiny in Australia Amid Dominance Concerns
Google’s US$2.1 billion ($3 billion) acquisition of Fitbit has seen the tech giant face a setback in Australia ...
Australia
December 25, 2020
Australia Launches Campaign to Stop Breaches in Foreign Real Estate Investment
In a move to enhance regulation of foreign investment, the federal government has launched a new campaign urging ...
Australia
December 22, 2020
Australian States On Watch for School Banking Programs Following ASIC’s Review
The Australian Securities and Investment Commission (ASIC) has said there is no solid evidence showing that school banking ...
Australia
December 20, 2020
Australian Government Upgrades Recovery Outlook But Will Continue with Deficit Spending
Australian federal government will continue with its big deficit spending to keep up the economic momentum despite a ...
Australia
December 17, 2020
$5.5 Billion Government Investment to Australian Inland Link Set to Boost Freight Network, Jobs and GDP
The federal government has announced it will inject a further $5.5 billion into 1700-km Inland Rail, one of ...
Australia
December 16, 2020
NSW’s AAA Credit Rating Downgraded But Fiscal Strength Deemed Positive
Australian’s largest state in the economy, New South Wales, has lost its AAA credit rating for the first ...
Australia
December 8, 2020
Australians Should Switch Home Loans For Significant Savings: ACCC New Report
The Australian Competition and Consumer Commission (ACCC) has found Australians with home loans would save more and be ...
Australia
December 6, 2020
Victorian Government’s School Banking Ban Received Mixed Reactions
Victorian government will ban school banking programs delivered by financial institutes in public schools from 2021, replacing them ...
Australia
December 2, 2020
Australian Consumer Advocates United Against Responsible Lending Changes
Over 200 organisations and individuals across Australia have signed an open letter to federal parliamentarians, urging them to ...
Australia
November 26, 2020
Focus on Jobs as 2020-21 NSW Budget Sets Path for Post Pandemic Recovery
New South Wales Treasurer Dominic Perrottet budget will focus on saving and creating jobs while driving the state ...
Australia
November 17, 2020
RBA Expects GDP Rebound in September Quarter, yet an Unpredictable Recovery
The Reserve Bank of Australia (RBA) expects the national economy to get back on track, following its contractions ...
Australia
October 28, 2020
Australian Bank Fined $15 Million for Fraudulent Loan Scheme That Generated Billions in Revenue
The National Australia Bank (NAB)has received a $15 million fine from the Federal Court for its 19-year home ...
Australia
October 21, 2020
Stimulus Package Has Kept Housing Sector Afloat But Uncertainties Loom
The effect of the stimulus measures targeting the Australian housing industry is emerging latest official statistics reveal. August housing ...
Australia
October 14, 2020
New Budget Super Reforms To Save Australians Nearly $18 Billion
The Australian federal government has committed $159.6 million over four years in its 2020-2021 Budget to implement further ...
Australia
October 8, 2020
Australians To be Induced to Work on Farms As Massive Rural Labor Shortage Looms
The Australian federal government will be offering new incentives to attract Australians into farm work in a bid ...
Australia
October 2, 2020
Victoria Real Estate Peak Body Urges Easing of Blanket Lockdown to Enable Property Transaction
The Victorian government's harsh lockdown has invited strong criticism from the state's real estate peak body for jeopardising ...
Australia
September 22, 2020
Australia’s Unemployment Rate Down Despite 42,000 Jobs Lost in Victoria
August has seen the addition of 11,000 jobs across Australia, bringing the unemployment rate down to 6.8 percent ...
Australia
September 17, 2020
Insolvency Relief Extended for Australian Businesses Despite Concerns
The federal government has extended insolvency relief and bank protection beyond the original Sept. 25 deadline for another ...
Australia
September 8, 2020
NSW Law Effective on September 1st Set to Change the Game in Protecting Apartment Owners
Apartment owners in New South Wales (NSW) will have unprecedented protections against defective buildings from Sept. 1, with ...
Australia
September 1, 2020
Australians are Hoarding Cash and Making Cashless Transactions Reports Financial Institutions
Australians are hoarding cash but using cashless transactions more than ever thanks to the effects of the CCP ...
Australia
August 19, 2020
Morrison Government Hints at Further Economic Incentives For Businesses
Australian federal finance minister Mathias Cormann has indicated that the government would offer more incentives encouraging businesses to ...
Australia
August 10, 2020
Aussie Tax Office to Audit Early Access to Superannuation as Withdrawals Expected to Hit $42 Billion
The Australian Taxation Office (ATO) has confirmed that it has commenced a 'pilot' program to audit the applicant ...
Australia
August 1, 2020
Australia Recorded the First Deflation in 22 Years
The latest data released by the Australian Bureau of Statistics (ABS) on July 29 reveals that the Consumer ...
Australia
August 1, 2020
Stamp Duty Relief for New South Wales First Home Buyers
First home buyers in the Australian state of New South Wales (NSW) will soon be able to save ...
Australia
July 26, 2020
NSW Fast Tracks Key Projects to Boost Economic Recovery
The New South Wales (NSW) government announced on July 18 its fourth tranche of projects to be fast-tracked ...
CCP Virus
July 24, 2020
Reserve Bank of Australia Welcomes JobKeeper Extension, Encourages Government Spending
Australian Reserve Bank governor Philip Lowe has welcomed the federal government's $20.4 billion Jobkeep and JobSeeker scheme extension as ...
CCP Virus
July 22, 2020
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