- Posted by Sean on February 9, 2017 in Global Economies
Australia hit some interesting economic times in 2016. We had shifting commodity prices, property madness and a year of global democracy (including Australia’s own election). We’re going to continue our look back on the year that was 2016.
- Posted by Laurie I on January 16, 2017 in Banking Global Economies
Given that it’s the New Year, the OrbitRemit blog is reflecting on the year just gone. More than any other year in the last decade, 2016 had huge ups and downs – including a number of seemingly game changing events. Join us as we reflect on the biggest stories of 2016 in chronological order, and our analysis as to how these may change things going forward.
- Posted by Sean on September 15, 2016 in Global Economies Immigration Travel
Aussies and Kiwis have been trading citizens and currencies for decades. In this three-part series entitled The Relationship Across The Ditch, we’ll explore some of the many things which contribute to the uniqueness of the relationship.
Over the years, there have been a number of trends of the trade that have a substantial impact on the currency, housing prices and employment prospects. We’re going to take you through the most significant of these trends and give you some idea as to what we think will happen in the near future.
- Posted by Sean on May 3, 2016 in Global Economies Immigration
If you’re living anywhere near the European Union (EU) or Britain at the moment, you’re probably aware of the upcoming Brexit referendum (on the 23rd June 2016). This will allow British citizens to vote on whether Britain should exit the EU (otherwise known as “Brexit” or British Exit). If Brexit receives majority support, this will have substantial impacts on anyone looking to move between EU and Britain. We’re going to take you through how this will specifically affect expats in the UK – both those who have moved from and to Britain.
- Posted by Laurie I on April 14, 2016 in Global Economies
If you’re looking to exchange your Australian Dollars (AUD) for Great British Pounds (GBP), you’re probably interested in what the forecast is like over the next year or so. If you’re living in Australia, you may have heard a few different stories about the state of the economy. The truth is, no-one’s sure. We’re going to give you an overview of the factors driving the AUD/GBP and how we think they might affect the currency in this 2016 forecast.
- Posted by Sean on January 15, 2016 in Banking Global Economies
Despite being only a number of weeks into 2016, global financial markets have opened to a pretty rocky start. Slumping commodity demand from China, one of the world’s largest consumers, has led to an oversupply (and price crash) of oil, iron ore, and copper. This caused substantial falls in both the US and Australian stock markets and set the currency markets into a frenzy. But what happens next? We’re going to take you through our predictions for the AUD/USD over the next year or so.
- Posted by Sean on November 11, 2015 in Global Economies
It’s no secret that China’s economy has faced some pretty rough times in the last year. The world is still feeling the aftermath following “Black Monday” on the 24th of August. But are we out of the woods yet? Or are the global financial markets wrestling a bull twice their size? We’re going to look at China’s stock market and economy and make some predictions for the future.
- Posted by Sean on October 13, 2015 in Banking Global Economies
After two days of debating, the United States Federal Reserve (the Fed) decided not to raise the Federal Funds Rate at its Federal Open Market Committee meeting on the 17th September. Their next meeting is set for the 28th of October, keeping financial traders, analysts and international businesses on their toes. But why is the Federal Funds Rate important to anyone outside of the US? Well, we’re going to explain that – along with some predictions as to what will happen to the rate.
- Posted by Sean on September 8, 2015 in Global Economies Immigration Students
Moving to another country can be difficult and scary, especially to a competitive Western economy like the UK but you’ll be happy to know that finding your first job in Britain isn’t as hard as you might think. At the peak of the recession in 2008, hundreds of qualified professionals were unemployed across the United Kingdom, but now firms are very willing to increase their recruitment intake as the economy has stabilised. In fact, recruitment is set to reach its highest point for more than a decade in 2015 and the median starting entry-level salary is set to rise to £30,000 ($65,360 AUD).
- Posted by Jason on June 4, 2015 in Global Economies
Sri Lanka’s had its issues over the last thirty years or so. While GDP increased by 7% in 2014, the country still has some challenges it must overcome before it can develop sustainably. We’re going to take you through Sri Lanka’s biggest development stifling demons.