Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Thu, May 01, 2025 04:53 AM All times are UTC

Follow Series

©Econometrics LLC 2025. All Rights Reserved.

Jason Nassios

Research Fellow, Centre of Policy Studies, Victoria University

Dr Jason Nassios is a Research Fellow at the Centre of Policy Studies (CoPS), based at Victoria University’s Flinders Street campus in Melbourne. He holds a PhD in Applied Mathematics from the University of Melbourne, with his thesis titled Oscillatory Flows of a Slightly Rarefied Gas: A Kinetic Theory Investigation. Prior to joining CoPS in April 2015, Jason spent four years as a member of the Faculty of Business and Economics at the University of Melbourne, and two years as a Senior Analyst at Mercer Australia advising institutional clients on strategic asset allocation, dynamic financial modelling and capital markets assumptions.

Jason’s areas of interest include applied economic modelling and mathematics, policy analysis and finance. His core responsibilities include the development of practical economic models and databases for the provision of economic policy advice, recent examples of which include the development of the USAGE2F financial CGE model of the United States and a database and model of the US labour market. Recent policy-relevant research projects include an investigation of the impact of company tax cuts in Australia, an analysis of the role financial structure plays in explaining cross-country differences in commercial bank capital regulation, and an investigation of the impact Australia’s superannuation sector has on macroeconomic growth and stability as part of the CSIRO-Monash Superannuation Cluster project.

Replacing stamp duty with a land tax could save home buyers big money. Here’s how

Mar 11, 2025 14:56 pm UTC| Insights & Views Real Estate

Infrastructure Victoria has released a draft 30-year plan outlining how the state can grow sustainably. It focuses on key areas like transport, housing, energy, and public services to support a growing population and...

Post-COVID, there'll be less of a reason to cut company tax than before

Aug 01, 2020 14:46 pm UTC| Business

Theyre at it again, pushing lower company tax as a way to resuscitate the economy. The arguments were well ventilated at the time the government pushed for company tax cuts, failed to get support in the Senate, and then...

Here's how superannuation is already financing homes

Apr 14, 2017 03:44 am UTC| Insights & Views Investing Real Estate

The federal government is split on whether first home buyers in Australia should be allowed to use part of their superannuation for home deposits. But what the more strident critics miss is that Australias superannuation...

Economy

BOJ to Hold Rates Steady Amid Tariff Uncertainty, May Cut Growth Outlook

The Bank of Japan (BOJ) is expected to keep its short-term interest rate unchanged at 0.5% on Thursday, while cutting its economic growth forecasts due to rising uncertainty from U.S. tariffs under President Donald Trump....

Japan’s Factory Activity Contracts for 10th Month as Export Demand Weakens

Japans manufacturing sector shrank for the 10th consecutive month in April, as global demand softened and concerns over U.S. trade tariffs intensified. The final au Jibun Bank Japan Manufacturing Purchasing Managers Index...

Oil Prices Rebound Slightly After Sharp Drop on Saudi Supply Signals

Oil prices edged higher on Thursday following a steep decline the previous day, as investors weighed signals of potential increased output from Saudi Arabia and a weaker U.S. economic outlook. Brent crude futures rose by...

Dollar Stabilizes Amid Trade War Easing Hopes and Yen Waits on BOJ Decision

The U.S. dollar held steady on Thursday, shrugging off weak domestic data as markets turned hopeful over signs of easing global trade tensions. Despite suffering its steepest monthly decline in over two years through...

US Stock Futures Surge as Microsoft and Meta Earnings Beat Forecasts

U.S. stock futures rose sharply Wednesday night, driven by strong earnings reports from tech giants Microsoft and Meta Platforms. This positive momentum came after a choppy regular session where Wall Street posted modest...

Politics

Australia’s Labor Government Poised for Narrow Election Win Amid Trump Policy Backlash

Australias center-left Labor government appears on track to secure re-election in a tightly contested national vote this weekend, according to two opinion polls released Thursday. A RedBridge-Accent poll conducted April...

Trump Administration Open to Boosting North American Manufacturing with Canada’s PM Carney

The Trump administration is prepared to collaborate with Canadas newly appointed Prime Minister Mark Carney to strengthen North American manufacturing, according to U.S. Trade Representative Jamieson Greer. In a televised...

Trump Deflects Blame as US GDP Shrinks, Cites Tariffs and Future Rebound

President Donald Trump responded to a surprise first-quarter economic contraction by blaming past policies and emphasizing a potential rebound. Despite a drop in GDPthe first in three yearsTrump described the dip as...

Trump Hints at Trade Deals with India, South Korea, and Japan

U.S. President Donald Trump stated on Wednesday that potential trade agreements with India, South Korea, and Japan are in the works, as he looks to transform his tariff strategy into formal trade pacts. Speaking during a...

U.S. Approves $425M Patriot Missile System Sale to Kuwait

The U.S. State Department has cleared a potential $425 million sale of Patriot missile system equipment and support services to Kuwait, a move aimed at bolstering defense ties between the two nations. The announcement was...

Science

Kennedy Sets September Deadline to Uncover Autism Causes Amid Controversy

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. announced a bold plan to identify the cause of autism by September 2025. Speaking at a cabinet meeting with President Donald Trump, Kennedy declared a global...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Ice cores in freezers, dinosaurs on display, fish in jars, birds in boxes, human remains and ancient artifacts from long gone civilizations that few people ever see museum collections are filled with all this and more....

Technology

Microsoft Stock Soars on Strong Azure Growth and AI Momentum

Microsoft (NASDAQ:MSFT) surged 7% in after-hours trading after reporting stronger-than-expected Q3 results, driven by robust growth in its Azure cloud business and rising demand for AI services. Azure revenue grew 33% in...

Amazon Launches Nova Premier AI to Compete with GPT-4o and Gemini

Amazon (NASDAQ:AMZN) has unveiled Nova Premier, its most advanced artificial intelligence model to date, at the AWS re:Invent conference, signaling a bold push into the competitive generative AI market. Delivered through...

Xiaomi Unveils MiMo AI Model, Shares Surge 5% on Breakthrough Launch

Xiaomi Corp (HK:1810) launched its first open-source large language model, MiMo, on Wednesday, marking its official entry into the competitive artificial intelligence space. The debut sent Xiaomis Hong Kong-listed shares...

Alibaba Launches Qwen 3 AI Model Amid Intensifying China Tech Competition

Chinese tech giant Alibaba Group (NYSE:BABA) unveiled Qwen 3 on Tuesday, a next-generation AI model featuring hybrid reasoning capabilities aimed at boosting performance and adaptability. The move underscores Alibabas...

Amazon Enters Satellite Internet Race with First Kuiper Deployment

Amazon (NASDAQ:AMZN) has officially entered the satellite broadband market with the successful launch of 27 operational satellites for Project Kuiper, its high-speed internet initiative aimed at rivaling SpaceXs Starlink....