
Top economists expect RBA to hold interest rates low in 2022, as real wages fall
Feb 02, 2022 09:26 am UTC| Economy Central Banks
Australias leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders...

McDonald's UK adds Chicken Legend and six other food items to the menu
Feb 02, 2022 09:16 am UTC| Business Economy
McDonalds UK announced that it will be bringing back some old-time favorite sandwiches this week. The fast-food chain will also be adding several other food items, and all of these are coming this month. According to...

The IRS already has all your income tax data – so why do Americans still have to file their taxes?
Feb 02, 2022 09:12 am UTC| Economy Life
Doing taxes in the U.S. is notoriously complicated and costly. And it gets even worse when there are delays and backlogs, making it especially hard to reach the Internal Revenue Service for assistance. But to me this...

Cryptocurrency has an impact on economies. That's why some are afraid of it – and some welcome it
Feb 02, 2022 08:59 am UTC| Digital Currency Economy
One month into 2022 and the debate on cryptocurrency is already heating up, with calls for regulation causing a rift between jurisdictions that are crypto friendly and those that arent. Which will determine the future of...

Inflation is raising prices and reducing real wages
Feb 02, 2022 08:58 am UTC| Economy
There is no doubt life is becoming much more expensive in New Zealand as inflation hits a three-decade high, influenced by both domestic and international factors such as increased food, energy and housing costs, pent-up...

Unemployment below 3% is possible for the first time in 50 years – if Australia budgets for it
Feb 02, 2022 08:57 am UTC| Economy
Whats the boldest thing the Morrison government could do in next months budget? It would be to forecast an unemployment rate below 4% (a rate of three-point-something), then to pledge to go further, to...

When aged care workers earn just $22 an hour, a one-off payment won’t fix the wage problem
Feb 02, 2022 08:57 am UTC| Economy
The federal governments promise of up to A$800 between now and May for aged care workers is a short-term political fix designed to cover over a long-term policy failure. Numerous reports have pointed out Australias more...