Money

Facing economic challenges during an era of shock

Published

4 months ago

August 2, 2023

ticker NEWS

Booming share markets suggests economic “blue skies”, boom times and happy days.

Australia’s economy faces a host of challenges, from high inflation to a housing crisis and the looming possibility of a recession. While the share market is soaring, a significant portion of low-income earners and house renters are experiencing severe cost-of-living stress.

However, there’s hope in the form of easing inflation pressures, driven by falling US inflation rates and the tight job market in Australia. But “sticky” inflation persists, with rising gas, electricity, and rent prices, making the economic outlook uncertain.

The housing crisis exacerbates the situation, with chronic shortages and soaring rents putting financial stress on renters.

Despite the government’s $10 billion Housing Australia Future Fund, it falls short of addressing the problem. Meanwhile, the lack of robust data hinders policymakers from delivering meaningful solutions.

Large monopolies dominate the economy, impacting wages and consumer prices, while surging migration helps alleviate skills shortages but worsens the housing affordability crisis.

Amidst these complexities, policymakers and financial professionals are torn between optimism, fear, and pessimism.

There might be solutions to improve living standards and reduce anxiety, but reluctance prevails in announcing them. The economic future of Australia remains uncertain, with a mix of positive and concerning indicators on the horizon.

Chris Judd, host of Ticker News’ Talk Ya Book, joined Ahron Young to discuss the latest. Missed an episode of Talk Ya Book? Watch episodes on demand here.

Leaders

Diversifying and enhancing payment methods

Published

2 days ago

December 8, 2023

ticker NEWS

American Express reveals Australian homeowner bill payment insights

In response to the growing trend of card and tap-and-go payments, organisations are adapting their systems to accommodate diverse payment options.

American Express recently conducted research shedding light on homeowner sentiments towards local councils, with a focus on Australian attitudes and behaviours related to bill payments.

Vice President and General Manager of Global merchant services at American Express, Robert Tedesco, provides his insights.

Leaders

Explosive growth and dominance of the audio industry

Published

2 days ago

December 8, 2023

ticker NEWS

Global radio market hits staggering $143 billion valuation, cementing audio industry’s dominance

The audio industry continues to assert itself as a formidable force, with the 2023 global radio market reaching a substantial value of $143 billion.

The podcast market has surged to an impressive worth of $18.52 billion, showcasing a compound annual growth rate of 27.6%.

Tony Simmons, CEO and founder of Sonnant, discusses how the audio industry can be made even better.

Presented by VentureCrowd – To find out more about Conscious Investing, head to www.venturecrowd.com.au

Money

Nick Kyrgios shocks fans with surprise OnlyFans announcement

Published

2 days ago

December 8, 2023

ticker NEWS

Tennis sensation Nick Kyrgios sent shockwaves through the sports and entertainment world today as he revealed a surprising career move.

The Australian athlete, known for his fiery on-court antics and charismatic personality, has announced his entry into the world of OnlyFans, a platform typically associated with adult content creators.

In an unexpected turn of events, Kyrgios took to social media to share the news with his followers. He stated, “I’ve always enjoyed pushing boundaries and breaking the mold. I’m excited to announce that I’ll be joining OnlyFans to share exclusive content and connect with my fans in a new way.”

The announcement has left fans and pundits alike wondering what kind of content Kyrgios will be sharing on the platform.

The decision has sparked a debate about the intersection of sports and social media, as well as the evolving landscape of content creation.

Some fans are eagerly anticipating behind-the-scenes glimpses of Kyrgios’s life, while others are questioning the potential impact on his professional tennis career.