Tagged With economy

Shared from Businessinsider

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Berkshire Hathaway CEO Warren Buffett revealed today that the firm had no interest in jumping on the cryptocurrency bandwagon.

“We don’t own any; we’re not short any,” Buffett said in an interview on CNBC. “We’ll never have a position in them... What’s going on definitely will come to a bad ending.”

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

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A new poll from Bloomberg suggests that almost half of Americans would have a hard time affording a $100 emergency, like a speeding ticket, medical bill or other unexpected expense. Many Australians are in similar situations as well. Consider the idea that maybe this says less about people's financial habits than it does the garbage economy.

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Studies of European countries show that bank taxes similar to the 0.06 per cent bank levy introduced by the government in the 2017 federal budget will be largely borne by customers, not shareholders. The levy could also make the banking system more, rather than less risky.

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There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing experts, there’s at least four scenarios where this could happen.

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Starting salaries for technology professionals are expected to rise by an average of 2.7% in 2017, according to the latest salary survey by recruiters Robert Half. Cyber-security specialists, software developers and business intelligence professionals will get the highest pay rises in terms of starting salaries. Here's how much the top tech professions are expected to make this year.

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On 23 June 2016, the United Kingdom will vote in a referendum on whether or not to withdrawal from the European Union -- a scenario popularly known as the "Brexit". While these happenings are half a world away, the outcome could have political ramifications around the globe -- including Australia. Monash University's Ben Wellings investigates.

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If you're looking for work, it pays to know which skills are in demand so you can adjust your resume and pick up additional qualifications as needed. The following report from online recruitment agency Search Party reveals the top ten skills employers are currently looking for in each Australian state and territory.

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Online recruitment agency Search Party has released new data that reveals the top ten skills Australian job seekers need in 2016. If its research can be believed, the skills that are in the most demand this year center around core operations and customer engagement, with creativity and leadership taking a back seat.

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A leaked confidential paper has revealed the government's plans to deregulate the vocational education and training sector, with TAFEs to receive the same levels of funding as private colleges. According to political economist Shirley Jackson, this would have a serious impact on large sections of the Australian labour market. Here's what she had to say.

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Global stock markets have been in a tailspin this week. And the sinking price of oil received at least some of the blame. Producers keep pumping more oil, even as prices are falling to fresh 12-year lows every day. What's driving this?