Economics

Young Australians amid soaring property prices are increasingly turning towards the stock market for investment, according to economist Tom Piotrowski. The current housing market has made home ownership elusive for …

Treasurer Jim Chalmers has attempted to downplay the significance of recent Treasury advice advocating for tax increases, which was inadvertently shared with journalists. This advice also indicated that the government’s …

Australia’s goods and services tax (GST) system, currently set at 10%, is under scrutiny as experts argue that it needs an overhaul to better meet the nation’s fiscal needs. Introduced …

US President Donald Trump has escalated tensions in the ongoing trade dispute with Canada by announcing a substantial 35 per cent tariff on Canadian imports, effective from August 1, 2025. …

US President Donald Trump issued tariff letters to seven minor trading partners, signalling his intent to impose import taxes on additional nations subsequently. The targeted countries—Philippines, Brunei, Moldova, Algeria, Libya, …

Fred Smith, the visionary founder of FedEx, passed away at the age of 80, as confirmed by the company. Renowned for pioneering the overnight delivery service, Smith transformed the logistics …

The global economy is anticipated to experience its lowest growth rate since the Global Financial Crisis, with projections of only 2.3% growth in 2025, as outlined in a recent World …

On Monday, President Donald Trump hosted a roundtable at the White House to highlight a significant aspect of a new Republican domestic policy bill: the introduction of “Trump Accounts.” This …

In his latest book, How Countries Go Broke: The Big Cycle, billionaire investor Ray Dalio expresses concern over the US government’s debt situation, citing a low imminent risk of a …

Prime Minister Anthony Albanese has expressed strong criticism of former US President Donald Trump’s recent proposal to double tariffs on steel and aluminium, characterising it as an act of economic …