Wise is not a bank and features available with traditional bank accounts, such as interest rates, loans or protection under the Financial Claims Scheme (for deposits up to $250,000AUD), will not be available with the Wise Account. See how Wisesafeguards your money. Sources: ABA -Banking By...
Australia’s terms of trade – the ratio of export to import prices – continued to come off record-high levels seen in 2022, decreasing by 2.6 per cent in the September quarter and down 9 per cent over the year. The change in the terms of trade reflected a fall in export prices (1.4...
“This is not your land. You are not my king,” Thorpe yelled as she was ushered from the hall. Thorpe is renowned for high-profile protest action. When she was affirmed as a senator in 2022, she wasn’t allowed to describe the then-monarch as “the colonising Her Majesty Queen Elizab...
A savings account is another type of bank account, along with transaction accounts and term deposits. Savings accounts are designed to help you save money. They may be linked to your everyday transaction account and you will usually earninterest on money you deposit into your savings account. U...
also significant are gold and iron ore. Thecombinedshare of the mining and manufacturing sectors is more than double that for agricultural products—which accounts for roughly one-fifth of total exports—and provides another contrast between the colonial and modern economies. The leading imports are ...
“Even if it is the case that the level of demand in Australia is too high relative to supply,surely the solution is to lift supply through improved productivity, not to crush demand with higher interest rates. “Political support for migration, and therefore population growth, has stalled. Th...
Other economic data on Tuesday showed Australia's current accounts deficit fell 0.7 percent for the first quarter of 2017, the Australian Bureau of Statistics revealed. Exports dropped 1.6 percent, while imports lifted 1.6 percent. But according to Clifton the decline was "to do with weather event...
“contrary to the national interest.” prime minister scott morrison declined to comment on whether the belt and road deal might be scrapped. the chinese foreign ministry cautioned against disrupting “successful pragmatic cooperation" with victoria. “australia should see two sides' cooperatio...
Since the Reserve Bank of Australia has promised to keep interest rates low for at least the next three years, it is estimated that construction costs would also remain low in 2023. According to industry experts and studies, the boom in non-residential construction in Australia has come to an...
"Consumers are also being provided with credit cards that don't meet their needs," the report said. "Many consumers carry balances over time on high interest rate products, when lower-rate products would save them money." ASIC estimates that this alone, would have collectively saved credit car...