aged to stay afloat thanks to a raft of stimulus measures and a surge in Chinese
demand for commodities, a new report by Deloitte Access Economics said on Monday.上海419品茶微信
While Australia has experienced falls in the real estate market, severe drought, stagnant wage gro
上海419wth and weak consumer spending over the past 18 months, strength in its robust resources sector has not waned.
This, combined with record low interest rates and generous tax breaks that were introduced by t上海419
he newly-elected Morrison government should help keep Australia’s economy on track, Deloitte Ac
cess Economics Partner Chris Richardson said in the firm’s latest Business Outlook for the month of June.上海419品茶微信
“Overall global growth looks set to stay in the slow lane through the rest o
f 2019 and through 2020 as well, though the extent of that slowdown looks to be co
上海419ntained as central banks start to boost their assistance to growth, and as government budgets do the same,” he said.
“Remarkably, despite the global slowdown, the world has given Australia a big pay上海419品茶微信
rise, as China’s stimulus means a surge in the demand for and prices of Australian coal and iron ore.”
上海419Although Australia’s inflation levels remain subdued mainly because of low wage growth, Richardson said the cou
ntry’s central bank is now beginning to change direction when it comes to monetary policy.上海419
“For years the Reserve Bank of Australia (RBA) thought full employme
nt meant unemployment of “around 5.0 percent,” but now it thinks unemployment can go a lit上海419
tle under 4.5 percent before wages start to party. Australia can go stronger-for-longer before inflation revs up,” he said.
上海419品茶微信”But getting unemployment under 4.5 percent is more than the RBA can do by itself, so official ra
tes are headed to 0.75 percent or 0.5 percent pretty fast, and things get more complicated after that.”
“We may be in for a phase in which Australia joins much of the world in having interest rates very low for some time. Th上海419品茶微信
at change of tack by the RBA is keeping the Australian dollar under control despite sky-high commodity prices.”
conomic sanct上海419品茶微信ions against Russian entities and individuals since Crimea was inc
orporated into Russia in 2014 following a referendum and due to Moscow’s alleged interference in Ukraine.
Moscow responded with counter-sanctions, which include
d impediments on the importation of some goods, including food, from Western countries.
However, Putin said the sanctions had a positive effect because they forced Russia to “switch
on its brains” and develop some sectors of its economy, including high technology.
Putin said that, after the introduction of sanctions, Russia launched an import substitution pr
ogram in the amount of 667 billion rubles (around 10.6 billion dollars) to develop lagging areas.
The Q&A session was Putin’s 17th. The first Direct Line with Vladimir Putin was held in la
te 2001. Since then, the event was held annually, except for 2004 and 2012, according to Russia’s Tass News Agency.
Guangzhou in South China’s Guangdong province provides the most
job opportunities in enterprises in the first quarter of this year, a report said.
With development of the Guangdong-Hong Kong-Macao Greate
r Bay Area set to begin, Guangzhou witnessed 24.95 percent year-on-year growth in recrui
tment demand in Q1, according to the report by 58 Tongcheng Recruitment Research Institute.
First-tier cities including Beijing and Shanghai continue to provide the largest job markets i
n China, while new first-tier cities such as Chengdu in Southwest China’s Sichuan province and Hangzhou in E
ast China’s Zhejiang province show strong momentum in recruitment demand growth.
With an average monthly wage of 9,723 yuan ($1,447.64), Shanghai, China’s financial center, pays the highest salaries in the co
untry, followed by Hangzhou with an average of 8,684 yuan, up 25.77 percent year-on-year — the highest growth rate.
Let’s take a look at which Chinese cities provide the most job opportunities.