RBA has not changed the official cash rate during its meeting in August 2023. RBA Official rate kept at 4.10% in August 2023. The cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
Leading the pack, Sydney recorded the strongest auction clearance rate at an impressive 76.0%. Meanwhile, other capital cities also demonstrated commendable results, with Melbourne at 75.6%, Brisbane at 63.6%, Adelaide at 71.0%, and Canberra at 72.2%. The positive outcome shows a favourable results in Auction Results 30 July 2023.
North Korea's leader Kim Jong Un celebrated the "Victory Day" the 70th anniversary of the Korean War this Thursday on 27th July 2023. He visited the cemetery for Chinese soldiers who fought in the Korean War. Kim Jong Un was accompanied by his sister Kim Yo Jong. The Korean nation was preparing for this state ceremony.
Pan Gongsheng, a prominent economist, is set to take on a new and even more powerful role in the Chinese economy as the governor of the People's Bank of China (PBOC), the country's central bank. The news was made official by China’s top legislature on 25th July 2023 to appoint the deputy governor as the new governor of PBOC. Having overseen China's massive $3 trillion foreign currency reserves, he is now positioned to exert outsize policy influence over the financial system of the world's second-largest economy.
Toyota is going to unravel a new version of Landcruiser Prado. The vehicle will come with a complete new makeover. An official statement released by Toyota Australia on their twitter handle, highlighting the global debue of the 2024 Toyota Landcruiser Prado. The vehicle is expected to come with a 4 cylinder diesel, 4 cylinder petrol and a 4 cylinder petrol hybrid.
This iconic American pop-rock band, known for their chart-topping hits and energetic performances, is set to captivate Australian audiences with their infectious music and charismatic stage presence. We dive into the excitement surrounding the Jonas Brothers Australia tour, from their history as a band to the tour dates and what fans can expect from this spectacular musical journey.
The world has lost an iconic voice and a fearless trailblazer in the music industry. The renowned Irish singer, Sinéad O’Connor passed away at 56, leaving behind a profound impact on music, social commentary, and activism.
In a groundbreaking move, India's Unified Payments Interface (UPI) has transcended borders and is set to revolutionize international payments. The announcement of an important partnership between India and France during Indian Prime Minister Modi's visit to celebrate Bastille Day brings exciting prospects for India payment system. Finally, UPI goes global giving competition to the age old US system.
The winter auctions in Australia are still generating good results for the property owners. Markets in all major cities have shown good results except Melbourne. The Victorian government has implemented new rules that impact the property owners, forcing them to pay more tax on investment properties. The change in rules were certainly visible in the Auction Results 22 July 2023.
Chandrayaan-3 is yet to reach the moon, but some companies have started thinking about the future of travel to the moon. Here is a snippet from IXIGO a travel planner technology company, giving a sneak peak into the future travel with "Next Station Moon".
On Friday 14th July 2023, a bright light was seen in the Australian skies by many curious onlookers. Some described it as a UFO, other thought it's a meteorite, but it was actually the Indian mission to the moon Chandrayaan-3. Many Australians were quick on social media platforms with UFO Reportings in Australian Skies.
India has launched Chandrayaan-3 on 14th July 2023 at 14:35 HRS IST (Chandrayaan is a sanskrit word, it means moon vehicle). Even the Indian PM Narendra Modi shared the mission launch. The cost of this mission is INR 615 crores (AUD 10.95 million | USD 7.48 million). The launch was conducted by Indian Space Research Organisation ISRO.
