Inflation, as measured by the Consumer Price Index (CPI) has been heading higher over recent months. During the three months to June 2011, headline inflation was recorded at 0.9% in comparison, property values across the combined capital cities fell by -1.5%. Inflation has become a prime concern now for fast growing economies like India, China but also developed … [Read more...] about The ugly scourge of inflation plays with Australia , China and India
India
Carbon Tax Reporting from Australia
Like it or not, the carbon tax is here to stay. At least the Australian government is made it much easier for the people to accept the carbon tax with compensating people with tax cuts to make up for the rsie in some expenses due to the carbon tax. Reform done good is definitely much more acceptable as can be seen by the way the Australian people and economists and … [Read more...] about Carbon Tax Reporting from Australia
Gas find In India by Australian company Oilex
Oilex of Australia Finds Gas in Gujarat Stocks in Mumbai extended gains for the second day. Oilex of Australia strikes large reserves of gas in Gujarat. Indian Oil to expand its refinery production by 25% in North India. UAE based Etisalat may invest in Idea Cellular. Australia’s Oilex Ltd said on Monday it made huge natural gas discovery in Gujarat that may hold over 1.5 … [Read more...] about Gas find In India by Australian company Oilex