The recent OECD Economic Survey for Australia comes in with a warning label for the government. The fact that property prices are falling could shake consumer wealth and, in consequence, consumer spending.
Current Australian household debt is over 100% of GDP. Debt-bingeing and consumer spending has driven the economy in recent years.
There is something, in my opinion, that we could all be taking on board from Airbnb’s new venture.
The Aussie property market has had one of the longest runs in the world. Prices have gained a whopping 6,556% since 1961. But, 2019 is shaping to be a much different scenario.
The most watched curve is the two-year to 10-year yield. Why? Because its inversion has come before recessions in the past. Now this indicator is starting to flash amber.
Markets have taken this change in rhetoric as a sign that the Fed may be pausing on their resolve. These two bullish pieces of news could push the markets higher by the end of the…
Hip-hop and cannabis have a long history together. That’s why some artists in this genre have been investing in this space for years.
You see, marijuana is also considered a substitute for alcohol. Some wine makers are already getting nervous on the increasing competition they face with weed.
In 2016, Australia legalised medicinal cannabis. Now the Australian Capital Territory (ACT) is looking at a bill to legalise cannabis for personal use.
While much of the global population may not have a bank account, they do have smart phones. And big tech could completely disrupt the banking services as they can provide services in exchange for your…
In Australia, according to a Reserve Bank of Australia (RBA) survey, in 2016 over half of payments were made with card, and only 37% in cash, down from 69% in 2007.
Google has an urban innovation start-up called Sidewalk Lab, which looks at ways to improve city living. The new area, which will be called Sidewalk Toronto, will combine design and technology.
It’s Black Friday today. Yet, according to the History Channel, the first time the term was used had nothing to do with shopping…but with a massive gold conspiracy, and a crash.
The Australian government is looking to solve Australia’s rapid population growth by reducing immigration. Yet all that immigration is also making Australian’s living standards better off.