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Questions tagged [australia]

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What is the difference between the cash rate and interest rate?

What is the difference between the cash rate and interest rate? I (in Australia) googled cash rate and according to wikipedia it is the "central bank charges on overnight loans between commercial ...
2
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2answers
96 views

When a land lords sells to an owner occupiers does it push up rents?

In the article Landlords who own one property ‘left without relief’ under new Victorian Government package posted on 15 April 2020 on the domain website. Barry Plant chief executive Mike McCarthy ...
2
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1answer
41 views

Does the UK have a trade agreement with Australia?

Since the UK was a member of the EU, I'm assuming the EU was responsible for any kind of trade arrangements between the UK and Australia, but I'm not entirely sure. Does the UK have an agreement with ...
6
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2answers
112 views

Why is the Australian dollar, often viewed by traders as a proxy for the Chinese economy?

The Australian dollar, often viewed by traders as a proxy for the Chinese economy, gained 0.3 per cent against its US counterpart. From: S&P 500 hits one-month high on renewed trade hopes (...
8
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1answer
2k views

Why is the percentage of Australian businesses that don't have any employees so high?

I'm trying to understand this Australian Bureau of Statistics release, which says: In June 2014, 61% of actively trading businesses in Australia had no employees, 27% had 1-4, 10% had 5-19, 2% ...
6
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1answer
872 views

Australian Dollar Devaluation

I am a layman in economics. I am curious about the current devaluation of Australian Dollar in comparison with the US Dollar. Could someone please explain, in simplest words possible: What causes ...
2
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1answer
125 views

Why will Australia increase its interest rate only after the US increases its interest rate?

According to this article, Australia will increase its interest rate only when the US increases its interest rate. The Aussie dollar (AUD) keeps going down, which is not very good for importing ...