The United States has implemented a 25% tariff on steel and aluminium imports, affecting all countries, including Australia. Despite Australia’s attempts to secure an exemption, the White House has decided …
National
Economics
-
- Finance
Global Economic Body Predicts Significant Drop in Interest Rates Over the Coming Year
by adminAustralia may soon witness a reduction in interest rates, possibly dropping by one full percentage point, according to the Organisation for Economic Co-operation and Development (OECD). This prominent financial organisation, …
-
The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …
- Finance
Rising Inflation Paved Trump’s Path to the White House—Could He Be Set to Make It Worse?
by adminVoter dissatisfaction with soaring inflation significantly contributed to Donald Trump’s return to the White House, as he vowed to restore more favourable economic conditions akin to his first term. His …
- Finance
International Monetary Fund Declares Global Battle Against High Inflation ‘On the Verge of Victory’
by adminThe International Monetary Fund (IMF) announced that the global battle against inflation has been largely won, with minimal impact on economic growth. Inflation rates in wealthy nations are projected to …