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Australia is once again ranked as the happiest nation in the world

The Better Life Index compiled by the Organization for Economic Cooperation and Development (OECD) has ranked Australia as the world’s happiest nation among developed economies for the third year in a row. The index measures criteria such as income levels,

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Australia’s mining tax revenue falls short of expectations

The controversial Mineral Resource Rent Tax (MRRT) imposed on mining companies did not generate the level of revenue expected by the Australian company. The government said it collected A$ 126mn in the six months since it was implemented on 01

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Australia’s growth rate slows down

Affected by the volatile global environment, Australia’s economic growth has slowed modestly, with the growth rate dropping from 0.6% to 0.5%. The spending cut from the government and the decline in exports are cited as the main reasons behind the

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Australia’s economic growth continues to dwindle

Australia’s economy grew at a rate of 3.7% in the April to June period, down from 4.3% annual growth in the same period last year. The slowing global demand for its resources and dreary domestic consumption are some of the

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