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News

18 April 2017 - Business Conditions Rise

National Australia Bank's widely watched Monthly Business Survey increased by 5 points to a reading of +14 last month, a healthier level than at any point since the global financial crisis. Driven mostly by the major services and wholesale sectors, the index was well above the long-term average of +5 points. Trading conditions were especially strong for businesses involved with personal services, recreational services, and apartment building, with discretionary retail services down. Business confidence remains subdued despite better conditions, however, with consumer confidence proving to be much more resilient in the latest Westpac index. 

17 April 2017 - Debt Risk for Housing Market

The level of household debt in Australia has reached its highest level in history and is among the worst in the world relative to household income. While the value of Australian property continues to rise, any sustained correction to the housing market will have a big impact on the wider Australian economy. Along with the shear amount of debt on collective bank books, the uneven distribution of debt between owner-occupiers and investors is causing concern among regulators.

13 April 2017 - Bringing the Outside Inside

Whether you live on a mountain top or in the middle of a big city, the natural world manages to refresh and rejuvenate us every single day. The elements of earth, air, water, and sunshine bring balance to our busy modern lives, making us feel connected, inspired, and more at peace with the world around us. Modern interior design has become increasingly enchanted with the outside world, as people learn to create beautiful homes by listening to nature and bringing the outside in.

11 April 2017 - Could DNA Repair Reverse Ageing

An international team of scientists have identified an important step in how our cells repair damaged DNA. The critical discovery of a vitamin called NAD+ could lead to the development of new drugs to treat cancer and other diseases, with DNA repair activities capable of reversing the ageing process. Human trials of this new therapy are set to begin in Boston over the next six months, as scientists attempt to create new drug treatments and NASA look to manage the risks of cosmic radiation.

10 April 2017 - Pets Around the World

While dogs and cats are the undisputed leaders of the pet world, lots of other animals are also capable of being loved and domesticated. From fluffy bunnies and guinea pigs through to snakes, birds and tortoises, each culture develops its own favourite animal companions. Lifestyle differences and historical factors both influence a pet's regional popularity, with the dispersion of pets around the world offering a fascinating insight into humanity.

 

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