11 votes
Accepted

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

Employment excludes non-salaried directors, volunteers, persons paid by commission only, and self employed persons such as consultants and contractors. The actively trading businesses with zero ...
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  • 7,992
3 votes

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

Your argument is sound (as a first approximation). In fact this is one of the basic examples discussed in chapter 1 of Varian's Intermediate Microeconomics (a standard textbook). Suppose that a ...
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3 votes
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Why is the Australian dollar, often viewed by traders as a proxy for the Chinese economy?

China's currency, the yuan (CNY), only partially reflects what goes on in China's economy. It doesn't trade freely; the Chinese government sets an official rate for it every day and only allows it ...
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3 votes

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

I couldn't read the FT article... but... According to this article here, China imports a lot of raw material from Australia. This means that if Chinese economy is doing well, they import a lot of ...
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  • 2,754
3 votes
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Australian Dollar Devaluation

This question is heavily reliant on the context of when it was asked. A lot has happened since February with respect to the Australian Dollar. A currency devaluation can be caused by quite a few ...
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2 votes

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

Australia's cash rate is already quite low. There's no need at the moment for the RBA to drop the interest rate any more, and as you can see from past decisions it's been unchanged for a while. Some ...
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  • 21
1 vote

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

In Australia, the cash rate is a volume-weighted average interest rate of unsecured overnight loans among banks which are members of the Reserve Bank Information and Transfer System (RITS). The cash ...
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  • 395
1 vote

Does the UK have a trade agreement with Australia?

No, the UK does not have a trade agreement with Australia. Since it is still a member of both the European Union's Single Market and Customs Union (EU SM&CU), it is covered by all of the EU's ...
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