Property industry players and social advocates have had a mixed response to the Victorian budget, attacking new housing taxes and a modest social housing program while praising a focus on infrastructure and planning. The industry hoped increased taxes on foreign buyers would not have a major
Diplomatic relations may have been strained, but Australia’s trade relationship with China is growing ever closer. The latest trade report shows that China was the destination for a record 40% of Australia’s exports in June. It was only a little over three years ago that China’s share
The US-China trade war might be heating up, but China’s e-commerce conglomerate Alibaba does not seem too phased by it. Alibaba’s Australia and New Zealand managing director Maggie Zhou said the company remains optimistic about the future of world trade. “Alibaba remains committed to servicing the global
Australian SMEs are facing a worsening national credit crisis, resulting in many businesses being unable to hire more staff, pay higher wages or update equipment, a new report has found. The SME Banking Insights Report for 2019, commissioned by Judo Bank, found the finance gap
Food, beauty products, clothes, household products, packaging and more, get ready for major industry disruption from the Generation-Z population. Gen-Z will make up 31% of the worlds population by 2021 and they have deeply formed perceptions and beliefs about anything related to being planet friendly,
The website domain fashion.com is up for grabs at a public auction — although you will need deep pockets to secure it, with suggestions that it could become the world’s most expensive domain name. To claim a new price record, it would have to beat the
China’s digital transformation is touted by many economists and trade experts as the single largest contributor to the country’s gross domestic product (GDP) growth between now and 2025. That explains why most companies in China are transitioning from traditional ways of doing business to more
KEY POINTS Millionaires own close to half of the world’s wealth, according to the Global Wealth Report from Credit Suisse. The world’s 46.8 million millionaires are now worth a combined $158.3 trillion – or 44% of the world’s total wealth. The U.S. still leads the
Small employers (those with 19 or less employees) need to get ready for Single Touch Payroll (STP) ahead of the 30 September start date. STP became mandatory for small employers from 1 July this year, however, the ATO granted an extension to businesses that needed
The economic impact of climate change is becoming increasingly apparent. The focus is on the increased frequency of climate-related influences, their potential impacts on financial stability and the prospect of an increase in inflationary shocks. Pic: Climate action strikes in Melbourne Source: Global Climate Strike While price increases for
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