Economy

Created
Fri, 06/09/2024 - 04:51
Political and economic pressures are rising in Papua New Guinea (PNG), with escalating social tensions suggesting a need for focused regional support. Critics argue that given ongoing civil unrest, political instability with Rainbo Paita’s challenge to Prime Minister James Marape and substantial economic challenges such as a stagnating minimum wage and increasing poverty, financial aid Continue reading »
Created
Tue, 03/09/2024 - 04:56
The All-Ords share price index plunged 5.8% in the first two trading days of August and then rebounded 5.8% by 30 August. It ended the month just 0.3% short of where it started. The main reason for the sharp V-shaped trading pattern of August was initial fear that the US economy could plunge into recession Continue reading »
Created
Tue, 03/09/2024 - 04:58
We can all be grateful that the acting auditor general Rona Mellor has decided to take at least a sideways glance into Commonwealth speculation, alongside a similar bet by the probably outgoing Queensland government, in an American horse in the great quantum computing race. I know nothing to say that there is anything intrinsically dodgy Continue reading »
Created
Mon, 02/09/2024 - 04:59
The federal Department of Health will soon finish a “health check” of private hospital finances. Warnings of an emerging crisis sparked the review, with private hospital closures, claims that more hospitals are on the brink of collapse, and high-profile disputes between private hospital companies and health insurers. About 70 private hospitals have closed since 2019, Continue reading »