Australian Economy News

News

Australia, China seek to boost economic ties as US pulls back

Australia, China officials hold talks in Beijing to strengthen trade, economic ties between the two countries, just as the Trump administration rises scrutiny on Chinese trading practices

1 min read16 Sep 2017
Companies

Australian court upholds approval for Adani’s Carmichael mine project

Federal court dismisses climate concerns over the coal project; company plans to start construction by 2017

2 min read30 Aug 2016
News

Reserve Bank of Australia cuts rates to record low to counter low inflation, weak jobs

Reserve Bank of Australia governor Glenn Stevens and his board lowered the cash rate by 25 basis points to 1.5%

2 min read2 Aug 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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