Category: Economy

The Millennium Development Goals (MGDs) and many other development proposals that form part of the UN activities and other bilateral or regional agreements have always advocated that the developed and rich countries lend support – financially and technically – to the developing and poor countries to help them come...

Recent economic indicators from Australian researches have projected a rather darker side of the Australia’s economic future, with possibility to some form of crash or recession in near future. Result from a new research show the household debt in Australia has grown to $1.8 trillion, equivalent to $88,000 per...

You might start your new year with positive energy but the year hasn’t started so positively. The economic prospect of the year looks glimmer than we can expect though it does not mean we must expect the worsening conditions. The World Bank statistics show the economic growth has stagnant to...

In that part of the world, where I born and grew, they called it Provident Fund. Here in Australia, they call it Super Fund. For me, the words do not give a relative meaning to mean the money put into this is for you when you grow old. Whatever...

EU leaders might have by now realised how weak was the economic foundation of a political union in Europe. They hoped the disaster at Greece might have been avoided this time around, but it is very likely to bounce back. People of Greece will be disappointed that their parliament...

One of the least debated issues about Liberal budget this year in Australia was about the government’s devious pressure for social security beneficiaries to return to workforce. Many will be loosing their government support outright while others will do in near future if they failed to adequately make efforts...