The analysis from CEDA argues that Australians are experiencing a renewed rise in economic hardship, with the country’s “misery index” returning to near post-pandemic highs after all improvements since 2023 were reversed. The main drivers are persistent inflation, higher interest rates and a gradually weakening labour market. However, unlike the 2010s, unemployment is no longer The post…
Chinese households are increasingly shifting assets from real estate and bank deposits into more lucrative investments at home and abroad, despite growing oversight, Moody’s Ratings said.