Tag: Economic Policy
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Sharing Experiences: Navigating Australia’s Housing Market in 2025
Introduction: A Snapshot of the Australian Housing Landscape Many Australians are weighing the options between buying their first home and securing a stable, affordable rental. The housing market has shifted in recent years, with rising prices in major cities and fluctuating interest rates testing both prospective buyers and renters. For households at the outset of…
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Unemployment Watch: Grim Signals or a Turning Point for the Jobs Market?
Unemployment Watch: What the November Jobs Report Could Reveal Trading floor chatter and policy debates have framed the upcoming jobs report as a potential inflection point for the labor market. With data due on Wednesday, November 5, analysts will be watching closely to see whether the unemployment rate keeps rising, stabilizes, or begins a slow…
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Governments must invest more in preparing workers for AI, says PM Wong
New Call for Public Investment in AI-Ready Skills Gyeongju, South Korea — Prime Minister Lawrence Wong delivered a pointed message on the role of government in the AI era, arguing that preparing workers for artificial intelligence is a national priority and cannot be left to market forces alone. Speaking to business leaders and policymakers at…
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China Scraps Gold Tax Break, Sending Shockwaves Through Global Bullion Market
China Abolishes Gold Tax Break, Reshaping Global Bullion Markets In a move that jolts one of the world’s largest gold markets, China has scrapped a long-standing tax incentive on gold sales. Effective immediately, retailers will no longer benefit from the tax relief that helped keep gold pricing more predictable for consumers and traders alike. The…
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Pakistan’s FBR Faces Rs274 Billion Shortfall in Early FY26 Amid Record Filings
Overview: A Record Yet Uneven Tax Frontier Pakistan’s Federal Board of Revenue (FBR) entered FY26 with a paradox: total tax filings hit record levels, yet the revenue shortfall widened in the early months of the fiscal year. In October 2025, the FBR collected Rs950 billion against a target of Rs1,026 billion, translating to a deficit…
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FBR Faces Rs274bn Shortfall in FY26 Four Months Despite Record Tax Filings
Overview: Record Filings, Shortfall in Four Months The Federal Board of Revenue (FBR) has reported a widening gap between tax collection targets and actual receipts for the first four months of the fiscal year 2026. Even as the tax machinery logged what officials describe as record filings and declarations, monthly and cumulative targets were missed,…
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Why Poilievre Questions Carney’s Promise on a U.S. Trade Deal
Context: Poilievre challenges the timing of Carney’s promise Conservative Leader Pierre Poilievre is pressing Prime Minister Mark Carney over a bold promise regarding a future trade agreement with the United States. The central question: why promise to secure a deal that would deliver tariff relief when the negotiation is still very much in progress? Poilievre’s…
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Albanese’s Salad Days: Navigating Stagflation, Soaring Bills, and Political Posture
Introduction: A Prime Minister at a Economic Crossroads Anthony Albanese has spent much of his early tenure balancing domestic reforms with an unpredictable global economy. As he steps off the RAAF VIP airstair after yet another overseas trip, the political spotlight shifts to the pressing questions his government faces at home: how to ease the…
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Albanese’s Salad Days: Navigating Stagflation, Soaring Bills, and Political Spectacle
Introduction: A Prime Minister in a Tight Spot Anthony Albanese returns from yet another international foray to find Australia grappling with stubborn inflation, rising energy and grocery costs, and a political climate quick to connect the dots between global turbulence and everyday wallets. The spectre of stagflation—slower growth paired with high prices—looms over the Prime…
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Lee Jae Myung Urges Closer APEC Ties for Growth in Asia-Pacific
South Korea’s Leader Pushes for Stronger APEC Cooperation Gyeongju, South Korea — In a speech delivered amid ongoing economic uncertainty, President Lee Jae Myung urged member economies of the Asia-Pacific Economic Cooperation (APEC) to deepen their cooperation and adopt pragmatic measures that can cushion the region from volatility. Speaking at a regional gathering, Lee underscored…