Prime minister Morrison called his meeting with Chinese premier li keqiang “honest” and “candid,” but was not satisfied with the “grim” nature of the talks. The premier met li keqiang on the sidelines of the southeast Asia summit in Thailand. “There is a frank recognition that we are quite different countries.” Morrison told reporters in…
Australia’s largest bank, the Commonwealth Bank (CBA), is using a check and a customer seeking help to make a transaction to increase service fees. According to the disclosure, the banking giant will charge a fee of 3 yuan for the customer who opened the check. This cost has doubled, originally only 1.5 yuan. Cheques issued…
Last night, Chinese Premier Li Keqiang held an annual meeting of Chinese and Australian prime ministers with Prime Minister Morrison during the series of meetings of leaders of East Asian cooperation in Bangkok, Thailand. Premier Li Keqiang said that Beijing is ready to jointly push China-Australia relations back to normal track and to achieve stability…
According to the latest fiscal bureau stamp duty data, in the fiscal year of 2018-2019, a total of 201,000 houses in Victoria were sold, and the number of houses sold in the previous year was 221,000. The decline in real estate sales has brought a deficit of 1 billion yuan to the Victorian budget bottom…
The House passed a controversial bill that banned $10,000 in cash and sentenced people who used cash to exceed the limit to two years in prison. But the bill won’t become law until the Senate investigates the bill. The 2019 Currency (Cash Use Limits) Act was passed in the House of Representatives on Thursday. The…
According to the Herald Sun, the building permit tax for most apartment developments will increase by 640%. The money will be used to pay for the state government’s demolition plan. According to current regulations, for construction projects exceeding 1.5 million yuan, builders are required to pay a license tax of 0.128 points per dollar. According…
The Morrison Government’s Green Bank will receive grants to invest in energy projects designed to ensure Australians have access to reliable, clean and affordable electricity. The Clean Energy Finance Corporation (CEFC) will receive $1 billion in new funds to invest in reliable energy generation. Eligible investments will include energy storage projects, including pumped storage and…
This week, Australia’s four major banks will announce their annual results. Everyone’s eyes will be on how much they have earned in the past year. The market estimates that the four major banks made a profit of A$19 billion last year. On Thursday, ANZ will be the first of the Big Four to announce their…
According to The Times, in response to the crisis facing Victoria’s residential construction, the Andrews government will take action to crack down on illegal builders, architects and plumbers. The new bill will target the “fraudulent liquidation of the Phoenix company”, which seeks to avoid being criticized by victims through deliberate liquidation. The Victorian Bureau of…
Driven by the resources sector, the Australian stock market continued its strong momentum in the previous week, and the S&P / ASX 200 index rose 16.8 points to 6,756 points. After the United States said that it has made progress in reaching a trade agreement with China, on Tuesday night, Australian Reserve Bank (RBA) President…