Australian Jobless Rate Rises to 3.8% as Employment Falls
Australian Jobless Rate Rises to 3.8% as Employment Falls In a surprising turn of events, Australian employment decreased in March, leading to a slight increase in the unemployment rate amidst ongoing restrictive monetary policy measures. The Australian economy lost 6,600 jobs, contrary to expectations of a 10,000 job increase, particularly after February’s significant growth of […]
Chinese Investments in Australia Fall to AUD 1.34 Billion, Down 36% – Study
Chinese Investments in Australia Fall to AUD 1.34 Billion, Down 36% – Study In 2023, Chinese investment in Australia witnessed a significant decrease, plunging 36% to AU$1.34 billion from AU$2.1 billion in the previous year. This downturn is highlighted in the recent “Demystifying Chinese Investment in Australia (April 2024)” report by KPMG Australia and The […]