Tag: australia
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Amazon set to hit Australian shores at the end of 2018
Amazon is due to hit Australia, but not anytime soon. The Seattle-based online retailer is expected to launch in Australia by the end of 2018. Although it will take some time to arrive, the one-stop online shop for consumers has grander ambitions in Australia than previously expected. Brittain Ladd, Amazon’s former global logistics manager, has revealed that…
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Financial Review names record-breaking richest Australians in 2017
The Australian Financial Review has released its record-breaking Rich List for 2017, naming the nation’s most wealthy people. The combined wealth of the people featured on the Rich List is a staggering $233.1 billion, which is a marked increase on last year’s total of $197.3 billion. This year is the first time in the history of…
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Government to tighten citizenship requirements
The Federal Government have announced plans to implement more stringent citizenship requirements in the near future, including display of genuine “Australian values”. Any migrants wishing to gain Australian citizenship will face a tougher citizenship test designed to prove both commitment to the Australian nation and to the values of religious freedom and gender equality. Immigration…
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Free trade agreement with EU now closer than ever
Australia is now closer than ever to a free trade agreement with the European Union, according to the Australian Ambassador to the EU, Mark Higgie. On Twitter last night, Higgie confirmed that Australia was a step closer to starting negotiations with the EU regarding a free trade deal. The progress comes after the conclusion of a…
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Australia is becoming a cashless society
Australia is well on its way to becoming a cashless society. There are more and more people using smartphone apps such as ApplePay to pay for everyday transactions online instead of carrying cash. Australians are increasingly turning to digital means to arrange and pay for everyday tasks, such as using apps like Deliveroo to get food delivered…
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Government prepares $2bn Snowy Hydro expansion
The Federal Government will today unveil a plan for a $2 billion expansion of the Snowy Hydro electric scheme in order to stave off the impending energy crisis on Australia’s east coast. This expansion is set to increase the output of the hydroelectric power scheme by up to 50%. The move which is being heralded…
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Qantas among airlines fighting airport fees
Australasian airlines, including Qantas and Air New Zealand, have made moves to fight excessive airport fees for consumers by setting up a new advocacy group for the aviation industry. The move comes after a report from the Australian Competition and Consumer Commission (ACCC), which claimed Australian airlines and airline passengers had paid up to $1.6bn…
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Australian trade surplus falls by two-thirds
Australia’s trade surplus has fallen to $1.3bn for January 2017, a drop of almost two-thirds from December 2016’s significant $3.3bn surplus. This surprising decline defied the expectations of many market experts, who had predicted further growth in the surplus following the record-breaking surplus recorded for December 2016. However, economists have been quick to address the situation, stating…
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Trump takes lead from Australian immigration
In his first major address to the US Congress since taking office, US President Donald Trump laid out plans for the adoption of an Australian-style immigration plan that would “save countless dollars [and] raise wages”. Mr Trump said that the adoption of the merit-based system would benefit struggling families by making millions more jobs available…
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Professional skills you should learn in your 20s
When you’re in your 20s and fresh out of university, it can be a daunting task to tackle the professional world. There are some skills you should master and some things you should learn simply not to do. It can be hard to know which is which, and struggle through the quagmire of business etiquette.…