Queensland's economy now the best-performing in the country, CommSec's State of the States report reveals – ABC News

Queensland's economy now the best-performing in the country, CommSec's State of the States report revealsKeep across all the live scores and results from the Australian Open at Melbourne ParkFor the latest flood and weather warnings, search on ABC EmergencyStrong interstate migration and jobs growth has lifted Queensland to its first top ranking on CommSec’s quarterly State of … Read more

Australia is banking on China’s economy to take off but headwinds are looming – The Guardian

The Albanese government is wary of Chinese economic volatility amid a slumping property sector and shrinking populationIf you want a hint at the pace of China’s economic rebound and how it might lift Australia’s economy, look to the skies, says one seasoned Chinese-Australian businessman.Watch in particular for the expansion of flights between the two nations, … Read more

Slowing economy could mean boost for budget-friendly litigation … – CFO Dive

The appeal of litigation finance — which has evolved into a $17 billion business — could rise in a slowing economy as investors warm to non-correlated assets.As CFOs battle rising costs across nearly all fronts, litigation finance can offer an alternative means of holding legal expenses down. Now a roughly $17 billion business, the process typically entails an outside party unrelated to a … Read more

'US equities will feel the pain, but economy will survive' – Fortune India

The US is going through one of its most turbulent economic phases in history and while it, technically, is in a state of recession with consecutive quarters of negative GDP growth, Andrew Sheets, chief cross-asset strategist, Morgan Stanley, believes that the world’s biggest economy will go through a mild recession. An inverted yield curve indicates … Read more

ASX slips, China's population shrinks as its COVID-hit economy grows at 'implausible' rate – ABC News

ASX slips, China's population shrinks as its COVID-hit economy grows at 'implausible' rateCatch up with The Loop, your quick wrap of this morning's newsKeep up with the latest ASX and business newsFor the latest flood and weather warnings, search on ABC EmergencyKeep across all the live scores and results from the Australian Open at Melbourne ParkThe Australian … Read more