Rare Earth Metals: The Hidden Billion-Dollar Treasure in Western Australia An Introduction to the Valuable Black Sand in WA In the remote Western Australian desert, just three hours north of Perth, lies an unassuming pile of black sand. At first glance, this sand appears to be no different from any other, but its true value […]
The Impact of May’s CPI Increase on Australia’s Economy Introduction The latest figures released by the Australian Bureau of Statistics (ABS) reveal that May’s Consumer Price Index (CPI) increase was the lowest in 13 months. With an annual pace of 5.6%, this represents the slowest growth rate since April of the previous year. The implications […]
New Zealand’s Economy Dips Into Recession Amidst Higher Interest Rates WELLINGTON, New Zealand — New Zealand’s economy has dipped into recession as higher interest rates take their toll, new figures released Thursday show. Gross domestic product fell by 0.1% in the March quarter, following a revised 0.7% fall in the previous quarter, Statistics New Zealand […]
New Zealand’s Economy Falls into Recession as High Interest Rates Take Their Toll WELLINGTON, New Zealand — New Zealand’s economy has officially entered a recession, with new figures showing a 0.1% decline in gross domestic product (GDP) in the March quarter. This follows a revised 0.7% fall in the previous quarter, fulfilling the nation’s definition […]
Queensland’s Retail Sector Hit Hard by Recession The Australian retail sector is currently experiencing a recession, with the biggest annual contraction in real disposable incomes in 40 years. Experts predict that the services sector will be the next to feel the pinch from the “triple-whammy” of inflation, higher interest rates, and fiscal drags. The retail […]
AUD/USD Analysis: Are the RBA on track for another hike? Introduction The recent monetary policy meeting of the Reserve Bank of Australia (RBA) shows that the bank is keeping an upbeat outlook for the economy, and that its next move on interest rates is likely to be an increase. As a result, the Australian dollar, […]