How to make debt work for you

The amount of household debt being taken out to finance property purchases has been a hot topic in the news for many years now, as the debt ratio levels have reached record highs of 120%. The household debt ratio is a measure which compares estimated debt payments to disposable income. The International Monetary Fund, OECD

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BLOCKCHAIN START-UP: UPCOMING PHENOMENON

It is reasonable to say that blockchain should be one of the most popular keywords in 2017. Even though the technology has been around for a decade, folks still seem to understate the power of such an invention. During the last 3 years, investment on blockchain start-up businesses has been significantly increasing, as numerous blockchain

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“Bitcoin future”: New future for Bitcoin investors?

The cryptocurrency market is busier than ever. Bitcoin has skyrocketed 5 times higher than the average value of $3000 and set a new record high. In order to meet the huge demand from investors, the first-ever bitcoin futures exchanges began their first trades last December, seemingly a new milestone for Bitcoin. Whether those derivatives will

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How does augmented reality benefit business?

Recently, one of the new technologies of future – virtual reality has been used in different areas from computer gaming, mobile applications or to archaeology and medical research. Together with the combination between virtual reality (VR) and augmented reality (AR), customers can have more benefits to view the real world overlaid with computer-generated imagery and

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Medicinal Marijuana

Medicinal Marijuana: Today’s smoking hot industry, but can you pick the long burners? This morning the Australian medicinal cannabis industry received a major boost after the federal government revealed that it will open the way for domestic producers to export cannabis-based medicines. According to Health Minister Greg Hunt, the decision is expected to facilitate the

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North Korea at the 2018 Pyeongchang Winter Olympics?

With a month to go until the commencement of the 2018 Olympic Winter Games held in Pyeongchang, South Korea, there has been growing anticipation of North Korea’s potential participation in this foremost international multi-sport event. However, due to the long-standing crisis between the two nations since the Korean War in 1953, there is much debate

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Concerns for Cryptocurrency

Cryptocurrency has been the hot topic of everyone’s conversations nowadays, and it looks like the hype isn’t going to ending anytime soon. A cryptocurrency is a virtual currency which utilises cryptography for security. It exists only electronically, and does not have any regulatory body or central issuing authority. When you think of cryptocurrency, the first

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Negative Gearing Overhaul by the Australian opposition government

Since the 2016 election, Labor has promised to overhaul the negative gearing policies and capital gains tax concessions projecting that this move will raise $31.1 billion over the next ten years. These changes include restricting negative gearing to new homes and reducing the capital gains tax concessions from 50% to 25%. What is negative gearing?

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China’s steel production cuts: What it means for Australia?

 China is responsible for approximately half of the world’s steel, aluminium, glass and cement production. This output is equal to the total annual output of next four biggest producers- Japan, India, United States, and Russia. In early 2016, Premier Li Keqiang promised to reduce China’s annual steel and coal production capacity by at least 10%

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