Download IPFS All eyes turn to the Reserve Bank of Australia (RBA) this week as economists anticipate a potential 25 basis point rate cut following softer household spending data. The Australian Bureau of Statistics (ABS) reported a modest 0.5% monthly rise in June spending, with annual growth slowing to 4.8%,[Read More…]

Download IPFS Australia’s premier stock exchange faces mounting criticism following another major operational failure, the latest in a string of technical blunders eroding market confidence. The Australian Securities Exchange (ASX) suffered a four-hour trading outage this week, its third significant disruption in 18 months, raising serious questions about the exchange’s[Read More…]

Download IPFS The 2020 AFL Grand Final marked a turning point for Mark Kempster, not as a sports fan but as a man confronting Australia’s growing gambling crisis. That fateful day, which saw millions wagered across the Cox Plate and MCG showdown, became personal when Kempster lost $5,000 in a[Read More…]

Download IPFS In 1986, Treasurer Paul Keating’s offhand “banana republic” warning triggered one of Australia’s most dramatic currency collapses, sparking economic reforms that would redefine the nation’s future. While facing a trade deficit similar to what the U.S. confronts today, Australia chose radical trade liberalization under Keating, a stark contrast[Read More…]

Download IPFS Australia’s international student program has become a double-edged sword, delivering economic benefits while exposing glaring systemic vulnerabilities. Migration agents report unprecedented demand for student visas following relaxed entry rules, but serious concerns emerge about exploitation and fraud within the system. The surge has reignited debates about whether current[Read More…]

Download IPFS Economists anticipate an extended period of monetary easing as the Reserve Bank of Australia (RBA) signals further interest rate reductions following its initial 25 basis point cut. Market pricing suggests at least three additional decreases could materialize by mid-2026, potentially lowering the cash rate below 3.0% as inflation[Read More…]