When Jarrod Thalon drove his brand-new Toyota Hilux off the lot for $56,000 in 2018, he never expected to break even three years later during a global pandemic, and after clocking up 72,000km…
Despite the cost of building a house blowing out by 51% over the past eight years, Sydney remains the best Australian capital city to still make money from building a house.
Australian buy now pay later companies added a collective $415 million to their total value on the back of Square’s $39 billion offer for Afterpay.
Electric cars are powering up in Australia, with sales of electric cars, motorbikes and trucks surging by 60% in the last 12 months.
Australia’s university sector is facing the perfect storm of closed international borders and increased competition from the United Kingdom and the United States as enrolments fell by 16% during the first semester of 2021.
Australian builders have been left without their most critical material as a global construction boom sends timber prices into orbit, up 380% to the record high in May this year.
Only one in five workers voluntarily sought to change jobs at the height of the pandemic in 2020, compared to one in four the previous year.
The great escape from COVID has seen the number of people migrating to the country reach an historical high, according to the Regional Movers Index, by Commonwealth Bank and Regional Australia Institute.
Monday Money Mate — 15 Mar 2021
Tech stocks, China industrial production and Aussie jobs data are all in the spotlight in the Grafa week ahead.
The tech sector provided a tailwind for Aussie and US markets late last week as investors piled on companies like Nearmap and Afterpay locally, and Tesla and Apple on Wall Street.
While climbing bond yields have rattled investors in the US, causing a sell-off in some sectors, including tech, Think Markets analyst Fawad Razaqzada said in a note “it is becoming clear that investors are not sure what to do with stocks at these…
Saturday Money Mate — 13 Mar 2021
US President Joe Biden got his US$1.9 trillion stimulus plan, PayPal enters the buy now, pay later race and Australia’s travel sector received a government lifeline in Grafa headlines this week.
Locally, the ASX closed 0.8% higher on Friday, driven by tech rallies locally and on Wall Street, while the index was 0.83% higher for the week.
After weeks of wrangling, US Congress passed President Biden’s mammoth economic rescue package on Wednesday, but rejected a proposal to more than double the minimum wage.
Bitcoin bounced back this week from US$49,000 on Monday to…