Economy

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Qantas eyes growth in India, boosted by strong economy and inbound travel

"We are quite ambitious about the future of travel between Australia and India."

Australia’s future economy hangs on a resilient science system

Australian Science, Australia’s Future: Science 2035 will help governments and others take a more targeted and informed approach.

Inflation is slowly falling while student debt is climbing

While some may see this as suggesting that the “last mile” of bringing inflation to heel might be difficult, not too much should be read into it.

Indian visitors contributed over $1.4 billion to the Australian economy

India was at number 5 in Australia’s top international markets in October 2023 with 25,000 trips.

India Surpasses Hong Kong to Become World’s Fourth-Largest Stock Market Powerhouse

It stood just behind the US, China, Japan in the stock market valuation.

An austere Christmas is on the cards – but don’t say recession

Economists have a terrible track record when it comes to predicting recessions.

The 7 charts show Australians struggling as savings fall to near zero

For individual Australians, it was even worse – growth per head went backward, in what some economists call a “per capita recession”.

Hamas’ terror attack on Israel aims to destabilise international collaborations

The proposed IMEC corridor seems to have triggered a waxing and waning kind of response from different corners of the world.  

Fiji’s National Economic Summit aims to address ‘daunting’ challenges ahead of small island developing economies

“We need to rebuild our infrastructure which has been neglected, and most importantly look at ways to ease the burden of the high cost of living for our people.”

Tax breaks cost a reported $250 billion, but handle these new figures with care

A tax rebate, effectively paid out of government funds but delivered through the tax system, might be called a “tax expenditure”, while a cash payment might be called a direct expenditure.

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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