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In September 2021 Australians expected inflation of 4.5% annually over the next two years, up 0.2% points and the highest Inflation Expectations for three years since October 2018. Inflation Expectations are now a large 1.2% points higher than a year ago in September 2020 (3.3%).
In May 2021 Roy Morgan Business Confidence increased 4pts (+3.2%) to 129.3. This was the highest level of Business Confidence in Australia for over seven years since January 2014 (131.5). Business Confidence has increased a massive 39.4pts (+43.8%) on its level of a year ago in May 2020 (89.9).
China-Australia relations: is this the start of ‘mining boom 2.0’ as Canberra rakes in cash from iron ore rally? Analyst calls this ‘one of the most incredible transfers of wealth between the pockets of the Chinese and Australian governments’, despite political conflict Australia is the biggest iron ore exporter to China, which gets about 60 per cent of its supply from down under
Ethereum Mining Sees Soaring Profits: ETH Miners Making $10 Million More Than Bitcoin Miners! Ethereum mining has now been more profitable, with miners earning $77 million as against $67 million of Bitcoin miners. Photo : Jack Taylor/Getty Images Ethereum mining has been more profitable than Bitcoin due to the cryptocurrency's record high transaction costs, and its soaring price levels of late according to a latest report. The Block's Data Dashboard showed that Ethereum miners' daily revenue have skyrocketed, making $77 million as of Monday as against the $67 million Bitcoin miners make. ...
Premium Content Subscriber only Central Queensland is poised to cash in on a minerals and manufacturing boom set to deliver thousands of jobs and great economic prosperity to the region. Prime Minister Scott Morrison on Thursday unveiled the Resources Technology and Critical Minerals Processing Roadmap, a 10-year plan to supply and manufacture for cutting-edge industries including batteries, solar panels and wind turbines. The plan opens up $1.3 billion in Federal Government funding to help manufacturers scale-up production, commercialise products and tap into global supply chains. Cr...