Tag Archives: Australian Economy

Iron Ore Price smash

Iron Ore is falling, falling hard, and according to Macrobusiness “FMG and RIO both continue to hold up better than they should, down 2.2% to $4.44 and 1% to $59.48 respectively, but both are still above the lows of the … Continue reading

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Australia’s employment outlook

Australia. Dubbed ‘The lucky country’, the Aussies managed to avoid major recession during the global financial crisis, and have continued to prosper in the following years during the global recovery. The country however is in an interesting position however, as … Continue reading

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Australian tourism in 25 year low according to ABS.

The Australian tourism sector is in dire straits. As commented by Leith Van Onselen over at Macrobusiness, the Aussie tourism sector is currently suffering it’s lowest volume of tourists in 25 years. From Leith’s article Bogan exodus continues: “Short-term resident … Continue reading

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