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Austria , Tuesday 14 July 2020

News Austria Economy: Expect 'real economic damage' if Australia ends JobKeeper measures in September: Union

Published on: Monday 22 June 2020
Expect 'real economic damage' if Australia ends JobKeeper measures in September: Union
News source: https://www.cnbc.com/video/2020/06/23/real-economic-damage-if-australia-ends-jobkeeper-measures-union.html

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.

News Austria Economy: Australia won't be 'intimidated' by China economic threats: PM

Published on: Thursday 11 June 2020
Australia won't be 'intimidated' by China economic threats: PM
News source: https://news.yahoo.com/australia-wont-intimidated-amid-china-economic-threats-pm-051157576.html

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

Published on: Thursday 11 June 2020
Australia falls 3% following Fed's economic forecast; NetEase jumps in Hong Kong debut
News source: https://www.cnbc.com/2020/06/11/asia-markets-the-fed-netease-hong-kong-debut-coronavirus-in-focus.html

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.

News Austria Economy: For the Economy, Climate Risks Are No Longer Theoretical

Published on: Wednesday 15 January 2020
For the Economy, Climate Risks Are No Longer Theoretical
News source: https://www.wsj.com/articles/for-the-economy-climate-risks-are-no-longer-theoretical-11579174209

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.

News Austria Economy: Australia's Massive Fires Threaten To Slow Decades-Long Economic Boom

Published on: Saturday 11 January 2020
Australia's Massive Fires Threaten To Slow Decades-Long Economic Boom
News source: https://www.npr.org/2020/01/12/795235653/australias-massive-fires-threaten-to-slow-decades-long-economic-boom

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 ...

News Austria Economy: Australia’s Economy Hit by Heat Wave and Wildfires

Published on: Thursday 19 December 2019
Australia’s Economy Hit by Heat Wave and Wildfires
News source: https://www.wsj.com/video/australias-economy-hit-by-heat-wave-and-wildfires/0A0060B6-167D-443F-A13F-3B05ECDB77B5.html

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

Published on: Sunday 15 December 2019
Australia's economy continues to grow, despite lower GDP growth forecast, says finance minister
News source: https://www.cnbc.com/video/2019/12/16/australias-economy-continues-to-grow-despite-lower-gdp-growth-forecast-says-finance-minister.html

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.

News Austria Economy: Singapore, Australia begin talks on digital economy pact

Published on: Sunday 13 October 2019
Singapore, Australia begin talks on digital economy pact
News source: https://www.zdnet.com/article/singapore-australia-begin-talks-on-digital-economy-pact/

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.

News Austria Economy: Austria's Kurz eyes economic growth after vote triumph

Published on: Monday 30 September 2019
Austria's Kurz eyes economic growth after vote triumph
News source: https://www.cnbc.com/2019/09/30/austria-kurz-eyes-economic-growth-after-vote-triumph.html

"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

Published on: Tuesday 27 August 2019
Australia snubbed Huawei and completed its undersea cable project to bring high-speed internet to Pacific Islands
News source: https://www.businessinsider.com/australia-snubs-huawei-finishes-undersea-cables-for-pacific-islands-2019-8

Australia agreed to pay for the majority of the $92.5 million infrastructure project in 2018 after China's Huawei had expressed an interest.

News Austria Economy: Trump’s Trade War Washes Up on Australia’s Shore

Published on: Wednesday 28 August 2019
Trump’s Trade War Washes Up on Australia’s Shore
News source: https://www.nytimes.com/2019/08/28/business/trump-trade-war-australia.html

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 ...

News Austria Economy: Glynn’s Take: Australia’s Economic Policy Debate Turns Tense

Published on: Monday 08 July 2019
Glynn’s Take: Australia’s Economic Policy Debate Turns Tense
News source: https://www.wsj.com/articles/glynns-take-australias-economic-policy-debate-turns-tense-11562652079

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.

News Austria Economy: Australia's NAB Turns to RBS Turnaround Man Ross McEwan as CEO

Published on: Thursday 18 July 2019
Australia's NAB Turns to RBS Turnaround Man Ross McEwan as CEO
News source: https://www.nytimes.com/reuters/2019/07/18/business/18reuters-nab-ceo.html

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.

News Austria Economy: Australia's Interest-Rate Cut Fails to Lift Gloom About Economy

Published on: Tuesday 11 June 2019
Australia's Interest-Rate Cut Fails to Lift Gloom About Economy
News source: https://finance.yahoo.com/news/australia-apos-interest-rate-cut-011535782.html

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

News Austria Economy: Australia's central bank flags lower rates in jobs hunt

Published on: Wednesday 19 June 2019
Australia's central bank flags lower rates in jobs hunt
News source: https://www.cnbc.com/2019/06/20/australias-central-bank-rba-flags-lower-rates-in-jobs-hunt.html

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 Austria Economy: Turkmenistan, Austria to hold business talks in Vienna

Published on: Monday 10 June 2019
Turkmenistan, Austria to hold business talks in Vienna
News source: https://en.trend.az/business/economy/3074903.html

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 ...

News Austria Economy: Hungary, Russia agree gas top-up, deliveries via Austria

Published on: Monday 10 June 2019
Hungary, Russia agree gas top-up, deliveries via Austria
News source: https://bbj.hu/energy-environment/hungary-russia-agree-gas-top-up-deliveries-via-austria_166819

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.    

News Austria Economy: More trade with Austria sought

Published on: Thursday 30 May 2019
More trade with Austria sought
News source: http://www.nationmultimedia.com/detail/Economy/30370300

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, ...