Australian Prime Minister Anthony Albanese announced earlier this month (March 2023) that Australia and the Indian government have finalized Australia-India Education Qualification Recognition Mechanism. During his visit to India, Mr. Albanese spoke at a program, where he announced that Australia’s Deakin University would be setting up an international branch campus at GIFT city in Gujarat’s...Read More
In January 2023, Shri Shiva Vishnu Temple, located in Australia’s Carrum Downs, was subjected to vandalism with anti-Hindu graffiti. Devotees noticed the act when they came for ‘’darshan’’(visit) amid the three-day long ‘’Thai Pongal’’ festival, which was being celebrated by Australia’s Tamil Hindu Community. The Indian community in Australia condemned the vandalism of Hindu temples...Read More
To have a house of your own is one of the dreams and aspirations for most people; however, the journey to building one is not necessarily smooth, especially when the country’s economy is somewhat recovering from the worst phase and when the home loan rates are rising. But why should that stop anyone from buying...Read More
RBA confirms March interest rate rises as households struggle with record mortgage payments
The news of rising interest rates has been making the rounds for the last few months, and the Reserve Bank of Australia has confirmed the same accordingly. As per the recent developments, mortgage holders would need to pay record-high repayments, as the RBA indicated another interest rate rise for March 2023. Moreover, earlier in February,...Read More
Australia’s big banks are passing on all the interest rates hikes – but not the cuts.
Economic instability has never been as pronouncedly felt in recent times as it has been in the last few years. And one of the shining examples that come to mind relates to Australian Banks profiting from a period of rapid interest rate increases, wherein the margins have been increasing along with the share prices. However,...Read More
India and Australia signed an agreement for easy immigration pathways for students and professionals
India and Australia have often collaborated and strengthened their ties to facilitate smooth international trade and commerce. However, one of the significant partnerships lies in the agreement they signed during a bilateral meeting in New Delhi earlier this month (March 2, 2023). Besides, the agreement is part of the commitment made by the Prime Ministers...Read More
So, you have had a long week at work or home; on top of that, there might be some ongoing issues in your personal or professional life. And we are only in the middle of the second month of the year; if stress and uncertainties have already ruined your peace of mind, you might want...Read More
On 10th June 2022, the Nadesalingam family returned to their adopted home in Biloela after four years in immigration detention. Also, as per the official reports, they will receive permanent residency within a few weeks; Priya and Nades and their daughters were able to return to their adopted town after years of campaigning and appeals...Read More
The Reserve Bank of Australia makes a crucial announcement every month except January regarding the fluctuations of the official cash rate. This announcement clarifies if the cash rate remains the same or goes up and down; it impacts the banks, lenders and the country’s general public. What is the cash rate, and how does it...Read More
Why the Australian government must adjust immigration quotas to necessitate high-skilled workers in the technological sector?
Technology holds the key to an increasingly incredible future’- The statement certainly proves to be true with the expansion of artificial intelligence and machine learning. No wonder, within a period of a decade or two, there have been tremendous advancements in terms of IoTs (Internet of Things), virtual reality, chatbots, facial recognition, robotics, self-driving cars,...Read More