Tag Archives: Australia

The Australian Business Summit Council Inc. celebrates the launch of the second issue of their magazine, EKONOMOS

By: Sahar Mourad   Australia has long been a leader within the economic sector, but one organisation is working to further strengthen the country’s ties with the rest of the world.   The Australian Business Summit Council Inc. is a not-for-profit organisation that works to support Australian businesses both nationally and internationally.   Founding President Dr Frank Alafaci and Secretary ...

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ABSC INC. holds media conference to promote EKONOMOS, Issue 2, 2020

The Australian Business Summit Council Inc. hosted its second Media Conference and annual luncheon at The Waterview in Bicentennial Park, Homebush on 9 November 2020 to promote the imminent publication of the second issue of EKONOMOS, the official ABSC Inc. business affairs magazine in late November this year. More than thirty VIPs and guests enjoyed the five-star venue’s sumptuous food ...

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Australians cancelled 800,000 credit cards during COVID-19

By: Aleks Vickovich While Australia’s national net debt has blown out by 40 per cent to $703 billion thanks largely to the pandemic, it seems regular folks around the country have taken a more prudent approach, reducing their collective credit card bill by more than $7 billion over the same period. According to the latest data from the Reserve Bank of Australia, ...

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Petition calling for media royal commission and setting Australian record tabled in Parliament

By: Jack Snape Australia’s largest-ever parliamentary e-petition, which calls for a royal commission into media diversity and has more than 500,000 signatures, has been submitted to the House of Representatives. The petition was launched by former prime minister Kevin Rudd. “The bottom line is the lifeblood of our democracies depends on a fair, balanced, independent, free media which separates out ...

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House prices across Australia begin to soar

House prices across Australia have risen overall for the first time since the start of COVID-19. Monthly data from CoreLogic shows that, as a collective average, the housing market experienced a 0.4 per cent rise in October. It follows month-on-month average declines since the pandemic started shaking the nation’s economy. “The numbers out today are quite remarkable,” CoreLogic head of ...

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Australia’s second most expensive house is sold for $95million

By: Lucy Macken One of the most expensive residences on the Point Piper waterfront, known as Edgewater, has been sold for an eye-watering $95 million. The incredible  five-storey property called Edgewater features a private jetty, tennis court, and huge terraces on each level overlooking Sydney Harbour. The deal is set to rank as the second highest residential sale nationwide when ...

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Morrison: middle Australia has lost faith in public sector

Scott Morrison to map out overhaul of public service while Josh Frydenberg will promise banking changes before end of year The Morrison government will define its plans to reform the public sector by focusing on service delivery to middle Australians and set out a timetable for banking and financial sector reforms in two major speeches on Monday. Scott Morrison, speaking ...

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