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Wealth Exodus: Australians Flock To Property Investment Over Business
Wealth Exodus: Australians Flock To Property Investment Over Business
Authored by Rex Widerstrom via The Epoch Times,
Fewer Australians are putting their capital into businesses, with the drop most acute among the wealthy, new data from the Committee for Economic Development of Australia (CEDA) shows. Instead, more wealth is flowing into property.
A food delivery worker waits to collect an order at a shop in the Sydney CBD in Sydney, Australia, on Aug. 15, 2026. George Chan/Getty Images
The proportion of working-age Australians who run a business which employs people fell from 13.8...
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Jun 25, 2026 / Kyle Anzalone
Vance Touts Increased Ties Between Iran, GCC States
Vice President JD Vance said that the war against Iran has resulted in Gulf Arab states seeking deeper ties with Tehran. “Because of the conversations they’re having with the Iranians. The Emiratis — by far the most hawkish, by far the most pro-Israel country in the [Gulf Cooperation Council] — they’re having conversations with the […]
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Aug 24, 2026 / Tyler Durden
Clean Energy Spending Tracking Toward Record $180 Billion In 2026
Clean Energy Spending Tracking Toward Record $180 Billion In 2026
Authored by Haley Zaremba via OilPrice.com,
U.S. utility-scale battery storage has reached 52 GW after three years of 70 percent average annual growth, with 8.3 GW of that added in the first six months of 2026 alone.
Clean energy capital spending hit $74 billion in the first half and is on pace for a record $180 billion this year, even after the rollback of federal incentives.
Grid operators have another 54 GW queued through 2028, while China holds roughly half of global capacity...
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Apr 5, 2026 / Tyler Durden
Global Plastics Supply Chains Further Pressured As Abu Dhabi Petrochemicals Plant "Suspended" After Attack
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