Download IPFS Australia is considering a major economic reform proposal, with economist Chris Murphy outlining a plan to provide income tax relief while restructuring the tax base. The proposal, released this week, has prompted discussion across government, business, and households about its potential economic impact. Murphy’s plan proposes an average[Read More…]

Download IPFS Britain’s small and medium-sized businesses are showing strong confidence in their future despite ongoing financial pressures, according to a new report from eBay UK. The study revealed that nearly four in five entrepreneurs (78%) expect growth over the next 12 months. Of these, around one in three described[Read More…]

Download IPFS Recent research suggests that stricter immigration enforcement in certain U.S. states is contributing to slower labor force growth, raising concerns over workforce shortages in key industries. Matthew Martin, senior U.S. economist at Oxford Economics, analyzed Immigration and Customs Enforcement (ICE) data and found that states with higher immigrant[Read More…]

DOWNLOAD IPFS Oil prices continue their upward climb, supported by signs of resilient demand in the United States and mounting geopolitical tensions. Brent crude advanced to a two-week high of around $67 per barrel, while U.S. West Texas Intermediate (WTI) settled near $63. The latest data from the U.S. Energy[Read More…]

Download IPFS Federal Treasurer Jim Chalmers has outlined ten priorities from the government’s economic roundtable, setting a framework for long-term reforms while addressing current cost-of-living pressures. The roundtable, held with representatives from business, unions, and academia, examined how Australia can strengthen productivity, prepare for the energy transition, and ensure fiscal[Read More…]

Download IPFS Private-sector employers across the United Kingdom have kept median pay rises at 3 per cent in the three months to July, according to data from wage analytics firm Brightmine. This marks the eighth consecutive monthly report showing wage settlements at this level, reflecting continued caution among businesses amid[Read More…]

Download IPFS Australia’s $80 billion livestock industry may soon have a powerful defense against one of the world’s most destructive animal diseases. Scientists at the University of New South Wales (UNSW) say they have developed a vaccine that could help protect the country from a potential outbreak of foot-and-mouth disease[Read More…]

Download IPFS UK inflation increased to 3.8% in the 12 months to July 2025, up from 3.6% in June, marking the highest level since January 2024, according to the Office for National Statistics (ONS). The rise was largely driven by a 30.2% surge in airfares, attributed to heightened demand during[Read More…]

U.S. crude oil inventories fell more than expected during the week ending August 15, 2025, according to data released by the U.S. Energy Information Administration (EIA). Commercial crude stocks declined by 6.0 million barrels, far exceeding the forecasted drop of around 1.3 million barrels. At the Cushing, Oklahoma, delivery hub,[Read More…]

Download IPFS Australia’s economy is facing a mixed set of developments this week, with updates from the Lottery Corporation, toll operator Transurban, and industrial action at Perth Airport drawing investor and public attention. The Lottery Corporation, which operates the nation’s lottery and Keno brands, reported a fall in both revenue[Read More…]