Australia’s economy shows best result in two years as consumer spending picks up
October 8, 2025
The Australian economy picked up strength in the June quarter as consumers opened their wallets, boosted by interest rate cuts earlier in the year. New figures from the Australian Bureau of Statistics showed gross domestic product (GDP) grew by 0.6% in the June quarter and 1.8% over the year — the strongest outcome in two years and…
How iron ore plays a big part in our economy
August 1, 2023
Iron ore has been the backbone of the Australian economy and many investment portfolios for much of the 21st century. Export of the commodity saw Australia evade recession both in the wake of the Global Financial Crisis back in 2008 and the Covid epidemic. In 1921, iron ore accounted for 68 per cent of Australia’s export…
Federal Budget 2022-23 Analysis
March 30, 2022
Budget 2022: a balancing act Billed as a Budget for families with a focus on relieving short-term cost of living pressures, Treasurer Josh Frydenberg’s fourth Budget also has one eye firmly on the federal election in May. At the same time, the government is relying on rising commodity prices and a forecast lift in wages…
Federal Budget 2021-22 Analysis
May 12, 2021
Investing in recovery In his third and possibly last Budget before the next federal election,…
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