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

Become a contributor

Bookmark Econotimes

Wed, Feb 05, 2025 05:57 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Michelle Cull

Senior Lecturer in Accounting and Financial Planning, Western Sydney University
Michelle is currently the Director, Academic Program (Accounting) at Western Sydney University where she has taught for fifteen years in undergraduate and postgraduate accounting and financial planning programs.

Michelle is a leading academic in the area of financial planning, having completed her PhD on the role of trust in financial planning and publishing a range of academic papers in financial literacy, financial planning, education and ethics. Michelle supervises a number of PhD students and is currently working on new and exciting research projects in accounting and financial planning.

Prior to becoming an academic, Michelle worked in ASX100 companies for over ten years in financial and management accounting, change management, systems redesign, and acquisition. Michelle has also worked as a consultant and volunteers her time on not-for profit boards.

The government is reviewing negative gearing and capital gains tax, but this won’t be enough to fix our housing shortage

Sep 30, 2024 02:17 am UTC| Economy

Negative gearing and capital gains tax are back on the national agenda as Australians deal with a housing crisis and politicians look for ways to tackle the issue and win voters support at the upcoming election. The...

What is negative gearing and what is it doing to housing affordability?

Mar 06, 2024 22:58 pm UTC| Insights & Views Real Estate

This article is part of The Conversations series examining the housing crisis. Read the other articles in the series here. Australias housing crisis is putting the Australian dream to own ones home out of reach for...

Value beyond money: Australia's special dependency on volunteers to battle bushfires

Jan 23, 2020 10:49 am UTC| Insights & Views Economy

Australias unprecedented bushfires have cemented its rural firefighters at the heart of the nations identity. Its not just that these men and women put themselves in the line of fire. Its that these firies are almost...

Pay to play: is participating in sport becoming too expensive for everyday Australians?

Sep 09, 2018 20:43 pm UTC| Insights & Views Sports

Australians spend nearly A$11 billion a year on sport and physical activity participation fees, according to the Australian Sports Commission. Not surprisingly, many people believe these costs are becoming far too...

Economy

Trump's Bold Moves: A New Era in U.S. Foreign Policy

Trumps Bold Moves: A New Era in U.S. Foreign Policy Overview of Trumps Speech and Iran Policy On February 4, 2025, President Donald Trump delivered an important speech after signing some executive orders in the Oval...

China’s Markets Reopen Amid U.S. Trade Tensions and AI Boom

SHANGHAI/HONG KONG (Reuters) Chinas stock markets reopen after the Lunar New Year break, facing renewed trade tensions with the U.S. and major developments in artificial intelligence. Investors are closely monitoring...

Stocks Rally as Earnings Offset US-China Trade War Fears

The SP 500 closed higher Tuesday as investors balanced strong earnings with rising US-China trade tensions. The Dow gained 142 points (0.3%), the SP 500 climbed 0.72%, and the Nasdaq surged 262 points (1.4%). President...

China Hits Back with New Tariffs on U.S. Goods After Trump’s 10% Levy

Chinas finance ministry announced fresh tariffs on U.S. products on Tuesday, responding swiftly to a 10% tariff imposed by President Donald Trump on Chinese imports. The U.S. tariff, which took effect at 0501 GMT, marks...

Trade Truce: Trump Pauses Tariffs as North America Strengthens Borders

+9 Tariff Suspension and Trade Agreements President Donald Trump announced a 30-day tariff halt on imports from Mexico and Canada after successful negotiations. The Mexican president, Claudia Sheinbaum, agreed to...

Politics

Pam Bondi Confirmed as U.S. Attorney General in GOP-Led Senate Vote

The U.S. Senate confirmed Pam Bondi as attorney general in a 54-46 vote, solidifying President Donald Trumps influence over the Justice Department. Bondi, a former Florida attorney general and longtime Trump ally, secured...

JD Vance to Attend AI Summit in Paris Amid U.S.-China Tech Competition

U.S. Vice President JD Vance is set to attend the Artificial Intelligence (AI) Action (WA:ACT) Summit in Paris next week, according to a French diplomatic source. The visit comes as global competition in AI intensifies,...

Elon Musk’s Team Gains Access to U.S. Treasury Payment System, Sparking Protests

The U.S. Treasury confirmed that Elon Musks government-efficiency team has been granted read-only access to its payment system codes but denied any disruption to government payments, including Social Security and Medicare....

Hamas Open to Talks with Trump Administration Amid Gaza Tensions

The Palestinian Hamas movement has expressed willingness to engage in dialogue with the administration of former U.S. President Donald Trump, according to a senior Hamas official cited by Russias RIA news agency. Mousa Abu...

Trump Proposes U.S. Takeover of Gaza, Sparking Global Backlash

President Donald Trump announced a controversial plan to take over the war-torn Gaza Strip, promising economic development after Palestinians are permanently resettled elsewhere. Speaking at a joint press conference with...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

Honda-Nissan Merger Talks May Be Canceled, Boosting Stock Prices

Honda Motor Co. (TYO:7267) and Nissan Motor Co. (TYO:7201) shares surged on Wednesday after reports suggested they may abandon merger plans. Hondas stock rose 2.9%, while Nissan gained 4.3%. Toyota Motor Corp. (TYO:7203)...

Hong Kong Tech Stocks Rally on AI Optimism Despite U.S. Tariffs

Hong Kong-listed Chinese technology stocks surged as optimism over artificial intelligence (AI) advancements from companies like DeepSeek and Alibaba (NYSE:BABA) overshadowed concerns about new U.S. tariffs. DeepSeeks...

Trump Highlights Strong Interest in TikTok Amid Uncertain Future

Trump Highlights Strong Interest in TikTok Amid Uncertain Future Former U.S. President Donald Trump stated on Monday that there is significant interest in TikTok as his administration works to facilitate the sale of the...

Apple Criticizes EU Porn App, Citing Consumer Trust Concerns

Apple (NASDAQ:AAPL) has voiced strong opposition to a pornography app available on iPhones in the European Union, blaming the blocs Digital Markets Act (DMA) for eroding consumer confidence. The app, Hot Tub, is...

Xiaomi Stock Rises as Morgan Stanley Raises Price Target on EV and AIoT Growth

Morgan Stanley (NYSE:MS) has boosted its price target for Xiaomi (OTC:XIACF) Corp (HK:1810) to HK$45 from HK$35, maintaining an Overweight rating, citing strong growth in electric vehicles (EVs) and AIoT. Analysts...