Questions tagged [australia]

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Is there a progressive response to inflation?

The conventional response to inflation is to increase central bank interest rates. This seems regressive. Is there a progressive method to stop inflation? In concrete terms, central bank interest rate ...
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How much of Australian inflation is demand driven or supply driven?

For the Aussies who have been keeping track with the current inflation rate at 5.1% we have seen the policy response by the RBA increasing the cash rate by 25 basis points so its now at 0.35%. This is ...
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1 answer
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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 ...
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3 votes
2 answers
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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 ...
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2 votes
1 answer
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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 ...
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6 votes
2 answers
212 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 (...
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8 votes
1 answer
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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% ...
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6 votes
1 answer
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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 ...
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2 votes
1 answer
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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 ...
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