Tag: australian business
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A different New Year’s resolution to consider
New Year’s celebrations have come to an end and 2017 is in full swing. It’s back to work, and perhaps you’ve already forgotten the resolution you made to yourself at the stroke of midnight, or realised that it’s unworkable. We’re here with a resolution that’s attainable and will actually help you in all aspects of…
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Australian tourism industry booming
The Australian Bureau of Statistics has reported that Australia received more short-term visitors than ever in October. The Australian tourism industry recorded over 713,300 more visitors than the previous year, an improvement of 12.7%. That increase in short-term visitors takes the year’s total to over 8 million visitors, with an increase of 819,800 arrivals (or 11.2%)…
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Hopeful market as AUD and ASX rise
Australian traders will be feeling positive this morning as the Australian dollar climbs in early trade. The AUD now buys 0.7437 US cents, which represents a 0.09% increase on Friday’s closing price. The stronger performance of Australia’s key export commodities has helped to augment this rise, in particular iron ore. This week Australia’s largest export…
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Goldman Sachs upgrades Australian economy
Goldman Sachs has released an upgraded forecast for Australia’s economy that reflects much higher predicted economic growth and a higher Australian dollar. The Australian economics team at Goldman Sachs, which consists of Tim Toohey, Andrew Boak and Bill Zu, also expect that the RBA will lift interest rates as soon as late 2017. The team believe that…
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11 ways to be a better leader
As a leader, it’s easy to feel like you’ve got all the answers but a wise leader will always look for ways to improve. Leaders are always asking people to improve and strive for better, which is why they must do the same. To help you be the best leader you can be, we’ve found…
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Brexit may make it easier to work in the UK
If you’re looking for a change of scene, and looking toward the UK to work and live in a different country, then Brexit may have helped your cause. Currently, there are quite stringent conditions on working and living in the UK for an extended period of time. However, Australian high commissioner to the UK, Alexander…
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Australia’s GDP exceeds expectations
Australia has experienced unexpectedly high growth in its Gross Domestic Product in the first quarter. The GDP rose 1.1% in the March quarter, elevating the annual rate to 3.1% overall. This is much higher than the 0.8% quarterly and 2.8% annual growth that had been projected by economists. The Australian Bureau of Statistics says the…
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How the Budget affects you
Announced Tuesday night, Scott Morrison and Malcolm Turnbull’s budget is on the tip of everyone’s tongue. The budget shows that Australia will continue in deficit over the next four years, yet also asserts that Australia is growing rapidly. If you’re not sure how the budget affects you or your business, here’s a breakdown of the impacts…
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Aussie Dollar has biggest fall in five years
The Australian dollar has experienced a loss of 2.34% against the US dollar in a single day. This is the largest percentage loss in one day since September of 2011, almost half a decade ago. At 7am this morning, the Australian dollar was trading for US74.85c, its lowest level in seven weeks. The significant fall…