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ECONOMY

ECONOMY

October 22, 2025

The U.S.–Australia Critical Minerals Agreement: Building a New Global Supply Chain

On October 21, 2025, U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed a landmark agreement on critical minerals and rare earths. The deal aims to reduce global dependence on

ECONOMY

October 24, 2025

People Use Garden Tools to Protect Millions of Migrating Red Crabs on Christmas Island

Introduction Every year on Christmas Island, a remote Australian territory in the Indian Ocean, one of nature’s most spectacular events unfolds — the annual migration of millions of red crabs (Gecarcoidea natalis).

ECONOMY

October 6, 2025

Kenya Issues $1.5B Eurobond to Cut Debt Costs and Extend Maturities

Kenya has raised $1.5 billion through a new Eurobond to manage its debt more effectively and lower borrowing costs. The Treasury issued the bond on October 3, 2025, offering 7-year notes at

US Gas Prices Hit $4 Amid Iran War

US gas prices have climbed above $4 per gallon for the first time in nearly four years, highlighting the growing economic strain caused by the ongoing Iran war. The national average now

March 31, 2026

BUSINESS·ECONOMY·World

Understanding Australia’s Inflation Challenge: What You Can Do Amid Rate Hikes and Rising Costs

Australia is currently grappling with an inflation issue that has pushed the Reserve Bank of Australia (RBA) to take drastic measures, including raising interest rates for the first time in over two

February 5, 2026

ECONOMY

Australian Exporters Grapple with ‘Wild West’ Eight Months After US Tariffs

Eight months after former US President Donald Trump’s sweeping “liberation day” tariffs, Australian exporters are still navigating a “wild west” trade environment. Local fashion, toy, and consumer goods brands face ongoing uncertainty and reduced

January 3, 2026

ECONOMY

Jim Chalmers’ Budget Update: Key Takeaways

Jim Chalmers’ budget update, part of the mid-year economic and fiscal outlook (Myefo), claims to be “the most responsible” update in history. It shows some improvements in Australia’s financial situation. However, Chalmers

December 17, 2025

ECONOMY

Australia BNPL Market to Reach $21.87 Billion by 2030

The Australia BNPL market is demonstrating robust growth, projected to increase by 12.1% in 2025 to reach US$14.52 billion. This strong expansion follows a period of significant growth between 2021 and 2024. Consequently, analysts

November 25, 2025

Banking & Insurance·ECONOMY

Australia Politics Live: Insults Fly in Extended Senate Question Time as Watt Faces Fiery Rebellion

Today’s parliamentary session turned into one of the most turbulent scenes in recent months. Sharp exchanges, interruptions, and pointed remarks filled the Senate, exposing growing tension between the government, opposition, and crossbench

October 30, 2025

ECONOMY

AFL Women’s (AFLW) Heads Into Final Round with More on the Line Than Ever

As the 2025 home-and-away season of the AFL Women’s (AFLW) competition approaches its final round, pundits, players, and fans alike agree: this is the closest, most open season yet. Never before have

October 29, 2025

ECONOMY

Australia Deports First Foreign Detainees to Nauru Under Controversial Billion-Dollar Deal

Australia has begun deporting foreign-born former detainees to Nauru under a new and highly controversial agreement that could cost taxpayers more than A$2.5 billion. The transfer marks the start of a major

October 29, 2025

ECONOMY

Nearly One Million Hectares of Cape York Peninsula Land Handed Back to Traditional Owners

A Historic Turn In late October 2025, the Federal Court of Australia recognised the native title rights of the Guugu Yimidhirr, Yiithuwarra, and Wuthathi peoples. The decision covered about 915,000 hectares across

October 27, 2025

ECONOMY

China Seeks Stability in Ties With Australia Despite Strategic Rivalry

Background and Current Moment On 27 October 2025, China expressed its readiness to strengthen relations with Australia even as both countries navigate a landscape marked by rivalry and strategic competition. During a

October 27, 2025

ECONOMY