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AU – RC7 News

4 Quick News from Australia

1. Australian Student Alek Sigley Missing in North Korea Australia Government said it is exigently inquiry to substantiate the reports whether or not an Australian has been detained in North Korea. The family of Alek Sigley who is 29-year-old student residing in Pyongyang, could not verify if their son has been arrested or not. However, … Read more

Australia Present Unemployment Rate

Australia Present Unemployment Rate

The Australian government is doing everything in its power to drive down spending in 2019. Australia has always had a good record in terms of economic matters. A low debt of 40% of GDP, low unemployment, and growth of 3% in 2017 that most nations under the Eurozone can only dream of. Unfortunately, the good … Read more

Australian Economy Hits Its Lowest EBB in 27 Years

Australian Economy Hits Its Lowest EBB in 27 Years

The financial year ending in 18 days will be recorded as Australia’s worst since 1992, when the nation was struggling to recover from the 1991 recession. Recalling the emphasized “strong economy” claim during the election campaign? It was a lie.Yesterday’s national accounts showed economic growth in the year to March was 1.8 per cent. But … Read more

Coalition Member of Parliament Wants Economy Wide Power to Break up Big Companies

Coalition Member of Parliament Wants Economy Wide Power to Break up Big Companies

The Nationals member of Parliament, Keith Pitt has broken ranks to endorse a push by the Centre Alliance to legislate an economy-wide power to break up big companies when the Morrison government’s debated “big stick” energy package returns the Parliamentent in July. The Queensland National, who has been one of the most articulate supporter of … Read more