US will help North Korea build its economy if it gives up nuclear weapons, Mike Pompeo says – Donald Trump’s America

US will help North Korea build its economy if it gives up nuclear weapons, Mike Pompeo says – Donald Trump’s America

Posted May 12, 2018 12:10:57 The United States will help North Korea boost its economy and living stands to levels like those in prosperous South Korea if it gives up its nuclear weapons, Secretary of State Mike Pompeo says, adding the country aspires to have North Korea as a “close …

Rising trade tensions fail to ruffle ‘goldilocks’ economy as US goes it alone

Rising trade tensions fail to ruffle ‘goldilocks’ economy as US goes it alone

Updated May 06, 2018 13:22:01 Photo: Wall Street bounced after unemployment dipped below 4 per cent but wage growth remained flat. (Reuters: Brendan McDermid) US unemployment has now dipped below 4 per cent for the first time since 2000. This week in finance: Federal budget (Tuesday) Westpac, Orica (Monday) and …

Morrison: Stronger economy helping fund NDIS

April 26, 2018. Treasurer Scott Morrison speaks to media at his pre-budget address in Sydney on Thursday. Morrison said a stronger economy means the Coalition government can confidently fund the National Disability Insurance Scheme, rather than increase the Medicare levy. (AAP Video/Iain Boyd). Source link

Personal income tax cuts could boost economy, relieve households

Personal income tax cuts could boost economy, relieve households

Posted April 24, 2018 06:00:00 Photo: Australians are facing rising living costs but wages aren’t keeping up. (ABC News: Jessica Hinchliffe) Related Story: Young Australians will wear the cost of a middle-income tax cut Related Story: Turnbull hints at tax cut for middle-income earners A large proportion of any cut …

Legalising cannabis adds $3.6bn to Australian economy, budget office says | Business

Legalising cannabis would reap the Australian economy almost $2bn a year, the Parliamentary Budget Office has found. The Greens plan to not only decriminalise cannabis but also legalise it for adult use is the latest case study of political differences, with both Labor and the Coalition looking into legalising it …

Young and keen to work? Launceston wants you to help drive the economy

Young and keen to work? Launceston wants you to help drive the economy

Posted April 22, 2018 08:07:41 Photo: The Launceston region is forecast to need 10,000 more workers within eight years. (Flickr: Michael Coghlan) Related Story: Sydneysiders wooed by ‘move to Tasmania’ social media campaign The working-age population of northern Tasmania will continue to shrink and squeeze the economy if nothing is …

Chinese economy grows at 6.8pc supported by a still buoyant property market

Chinese economy grows at 6.8pc supported by a still buoyant property market

Posted April 17, 2018 15:16:58 Photo: China’s economy steady, but warns international uncertainties over trade are mounting. (Reuters: Stringer) Related Story: China’s economy grew 6.9pc in 2017, eclipsing official targets but doubts remain Related Story: China’s economic power isn’t as big as you think China’s economy grew at a solid …

Donald Trump’s trade war could wipe billions from Australia’s economy

Donald Trump’s trade war could wipe billions from Australia’s economy

Updated April 09, 2018 13:13:54 Markets hate uncertainty, and there’s nothing more uncertain at the moment than Donald Trump’s next move in the escalating trade war with China. Late last week the US President riled markets by asking officials to look at the possibility of tariffs on another $US100 billion …

Northern Territory’s share of GST to fall by $136m, dealing ‘devastating blow’ to economy

Northern Territory’s share of GST to fall by $136m, dealing ‘devastating blow’ to economy

Posted April 05, 2018 18:30:54 Photo: All jurisdictions except the NT and Qld will see an increase in GST payments. (AAP: Joel Carrett) The Northern Territory’s share of the GST will drop by $136 million in the next financial year — which has the NT Government calling for help and …

Millions of Australians missing out on superannuation, amid rise of gig economy

Millions of Australians missing out on superannuation, amid rise of gig economy

Updated March 26, 2018 11:16:15 Photo: Experts say reforms are needed to the superannuation system to accommodate changes to the economy. (Four Corners) Related Story: Guaranteed super? Not if you’re a worker in the ‘gig economy’ Related Story: Rising number of Australians dipping into super to pay medical bills Millions …