Financial guru Alan Kohler has said excess immigration is to blame for Australia’s housing crisis and is being fueled by the influx of international students. Kohler, the ABC’s financial expert, said it was not the permanent migration of workers that was primarily responsible for the increase in demand – and …
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China’s telecoms, education and health open to FDI – Asia Times
China has decided to open up its telecommunications, education and healthcare sectors to foreign investors after suffering a sharp drop in foreign direct investment (FDI). An executive session of the State Council, chaired by Chinese Premier Li Qiang, on Monday reviewed and approved four documents aimed at helping the country …
Ontario Court of Appeal, Canada upholds employment contract frustrated by employee’s refusal to comply with employer’s third-party imposed COVID-19 vaccination policy | JD Supra
In Croke v. VuPoint System Ltd.2024 ONCA 354, the Court of Appeal for Ontario (OCA) upheld the decision of the Superior Court of Justice – Ontario (SCJ) that an employee’s refusal to comply with an employer’s mandatory COVID-19 vaccination requirements resulted in the frustration of the employee’s employment parties. The …
Live: ASX to fall as gold hits record, Wall Street snaps eight-day winning streak
10 m agoWednesday, August 21, 2024, 12:15 p.m Market snapshot ASX 200: -0.2% to 7,979 points the Australian dollar: +0.1% to 67.5 US cents Wall Street: Dow Jones (-0.2%), S&P 500 (-0.2%), Nasdaq (-0.3%) Europe: FTSE (-1%), DAX (-0.4%), Stoxx 600 (-0.5%) Spot gold: flat at $2,513/oz Oil (Brent crude …
A Financial Advisor Shares 2 Simple Money Moves Parents Can Make to Give Their Kids a Million Dollar Nest Egg
All parents can agree that they want what is best for their children. Thinking about what is best often includes considerations of finances. Some parents choose to let their children figure out money for themselves, while others want to give them a step up. For those who want to prepare …
The Australian commodities market is in for a wild ride in 2024
The global commodity market has seen significant volatility this year, with prices largely remaining high. Orange juice and cocoa futures rose to record highs in the first half of the year, while crude oil prices fluctuated in response to news from the Middle East. Gold prices continued to rise, but …
Why super funds continue to fuel volatile equity markets
While pension funds’ high exposure to equity markets sparked concern in early August amid significant market volatility, AMP Chief Economist Shane Oliver explained that growth assets such as equities offer superior long-term returns, despite their susceptibility to volatility. In the latest market note, Oliver said recent market volatility, fueled by …
BlueScope Steel warns ‘high volume of steel’ is leaving China and flooding Australian and overseas markets
A prolonged downturn in China’s housing market will have significant effects on the finances of the Australian government and the local steel industry, economists have warned. The Asian superpower’s real estate sector has been seen as a pillar of economic growth until 2020, when China instituted some of the world’s …
Understanding the Commodity Market in Forex Trading: A Beginner’s Guide | The Philippine Times
Commodity trading has been an ancient practice that has evolved over the years. Thus, many commodities are traded on modern exchanges such as the London Metal Exchange or the Chicago Mercantile Exchange. Therefore, you need an account with a trading platform to access the commodity markets. So, before you can …
Employers must file WARN notices when eliminating jobs: What you need to know
General Motors Co. said Monday it is cutting more than 1,000 jobs in its software division globally, with 634 of the jobs being cut coming from the Global Technical Center in Warren. Stellantis said earlier this month that Warren Truck Assembly will lose a shift later this year, which could …