Browsing Tag
Australian
78 posts
Australian SMEs innovation dips amidst economic pressures
Australian businesses are innovating less, according to new data from the Australian Bureau of Statistics (ABS) covering the two years to June 30, 2023. The report reveals a six percentage point drop in innovation activity compared to the previous measurement period. Economic challenges are a key culprit. Nearly a fifth (19%) of businesses cited a lack of funding as
Australian Dollar appreciates as RBA is expected to maintain higher rates
The Australian Dollar gains ground as the RBA is expected to keep higher rates for longer. The Australian Dollar may see limited upside due to softer-than-expected inflation data from its trade partner, China. The US Dollar remains strong as the Fed is expected to keep rates steady in the range of 5.25%-5.50% on Wednesday. The
Australian Media Icon Graham Webb Passes Away at 88
Australian radio and television pioneer, Graham Webb, known for his groundbreaking work in music television and radio, has passed away at the age of 88. Webb, famous for producing and hosting the influential series Sound Unlimited, breathed life into Saturday morning music videos like never before. In the mid-1970s, Webb handed the baton to ’60s
Australian Dollar remains subdued amid muted ASX 200, RBA decision eyed
Australian Dollar depreciates on RBA's decision to keep policy rates unchanged. Australian S&P/ASX 200 Index experiences thin trading activity due to market caution. US Dollar strengthens as US Treasury yields improve, fueled by expectations of the Fed being hawkish for an extended period. The Australian Dollar (AUD) remained tepid amid subdued trading activity as market participants exercised caution
Australian Dollar hovers near a psychological level after retreating from five month high
Australian Dollar maintains bullish sentiment on dovish Fed outlook. Australia’s Manufacturing and Services PMI increased to 47.8 and 47.6, respectively. PBoC maintained its Medium-term Lending Facility rate (MLF) at 2.5%. China's Industrial Production and Retail Sales improved to 6.6% and 10.1%, respectively, in November. US Retail Sales rose 0.3% and Initial Jobless Claims reduced to 202K.
The remote Australian territory where ‘Island Islam’ is thriving
Key PointsIslam is the second biggest religion on Christmas Island after Buddhism.Most adherents are of Malay origins.The island's Islamic school has been running for decades, with former students now teachers.On a warm summer day, students of all ages from the only school on Christmas Island rush on their bikes and segways to the air-conditioned comfort
Australia faced a significant setback as India clinched the three-match ODI series with a resounding 99-run victory in the second ODI. This morale-shattering loss has prompted Australian skipper Steve Smith to make a candid admission regarding his team's performance and prospects for the upcoming ICC Cricket World Cup in October. Also Read: Cricket World Cup
BYD Dolphin: Australian hands on first impression
A few days ago I spent some time having a look at the new BYD Dolphin electric hatchback. I was pleasantly surprised to see it when I visited the BYD Experience Centre in Darlinghurst Sydney and there was definitely buyer interest with two couples checking it out before I could sit inside. These are my
Breaking: Australian EV Sales increase, but drop to 6.4% of new vehicles in August 2023
The Federal Chamber of Automotive Industries have released their latest VFACTS data for August 2023. It’s fair to say, this wasn’t exactly normal month. While we’ve seeing a strong trend of electric vehicle accounting for an increased percentage of new vehicle sales month on month, in August, EVs dropped to 6.4% from 7.0 in July.
Australian glasses invention to help the blind
An Australian invention is set to revolutionise how people who are blind view the world, through artificial intelligence.August 14, 2023 — 7.44pm