News Austria Economy: Expect 'real economic damage' if Australia ends JobKeeper measures in September: Union
Uncertainty over the course of the recovery means it would be premature for the Australian government to roll back its coronavirus relief measures in September, says Daniel Walton, National Secretary of the Australian Workers Union. He also discusses reshoring of manufacturing, which he says is in focus following pandemic-related supply chain disruptions.
Australia warned Thursday it would not be intimidated by attempts at economic "coercion" after China threatened to undermine the multi-billion dollar flow of Chinese tourists and students to the country. Beijing has issued warnings in recent days that Chinese should avoid Australia due to
News Austria Economy: Australia falls 3% following Fed's economic forecast; NetEase jumps in Hong Kong debut
Stocks in Asia Pacific fell on Thursday as the U.S. Federal Reserve indicated on Wednesday that it would keep interest rates near zero through 2022.
Climate crises in the next 30 years may resemble financial crises in recent decades: potentially quite destructive, largely unpredictable and, given the powerful underlying causes, inevitable.
But the deadly wildfires raging through large parts of the country are slowing tourism and other key sectors that contribute to its impressive economic growth. "Just the area of Australia that's now ...
In Australia, temperatures broke records, rising well above 100 degrees Fahrenheit, as wildfires rage. Several states have issued emergency declarations. WSJ’s Rachel Pannett explains the economic ...
News Austria Economy: Australia's economy continues to grow, despite lower GDP growth forecast, says finance minister
Mathias Cormann, Australia's finance minister said that the Australian economy is not immune to the global economic slowdown. But Cormann added that the Australian employment growth is strong despite downgrades in revenue projections and Australia's economy continues to grow as the government revises its GDP forecast growth from 2.75% to 2.25% to manage expectations.
Trade agreement between both nations aims to drive 'greater connectivity' and bilateral economic relations, with cooperation touted to encompass several areas including e-payments, fintech, artificial intelligence (AI), and digital identity.
"The challenge for us will be securing good economic growth in the future as well and doing our utmost to keep unemployment in Austria from rising again. This is going to be a challenging phase." Kurz ...
News Austria Economy: Australia snubbed Huawei and completed its undersea cable project to bring high-speed internet to Pacific Islands
Australia agreed to pay for the majority of the $92.5 million infrastructure project in 2018 after China's Huawei had expressed an interest.
WASHINGTON — Australia’s economy is experiencing its 28th year of a record-shattering expansion, with strong employment growth and high economic potential. But the Reserve Bank of Australia cut rates ...
Australia’s center-right coalition government and the central bank aren’t on the same page with regard to measures needed to lift the moribund economy, setting the stage for a tense economic policy debate.
National Australia Bank Ltd hired the man credited with turning around Royal Bank of Scotland as its new chief executive, following the abrupt departure of its leaders earlier in the year in the fallout of a misconduct inquiry.
Westpac Banking Corp.’s consumer sentiment index fell 0.6% in June, while Australia & New Zealand Banking Group Ltd.’s weekly report showed a 2% drop, the lenders said Wednesday. Westpac noted that confidence was showing signs of strength in the lead up to the policy easing, but that fell away in the
Australia's top central banker on Thursday said it was not "unrealistic" to expect a further reduction in interest rates given ample slack in the labor market, and called on the government for action on fiscal stimulus.
News on the website Trend.az marked as , is available ONLY to subscribers of TREND International News Agency. Pay attention to the format of the message and the space between words. All the ...
Hungary will top up its gas reserves this year with deliveries of 2 billion cubic meters from Russia, with another 2 bln cubic meters of Russian gas coming via Austria next year, Minister of Foreign Affairs and Trade Péter Szijjártó said after signing agreements at the St. Petersburg International Economic Forum last Thursday.
After a recent meeting with Eva Hager, Austrian ambassador to Thailand and Franz Wessig, a top executive of Austria’s Federal Ministry for Digital and Economic Affairs, Oramon Sapthaweetham, ...