SUMO News

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May 16, 2017

SUMO Group goes live

Welcome, browsers! The SUMO Group has finally joined the internet. On our website you will find fast facts about the Group, as well as news and […]
May 8, 2017

Housing affordability probably off Budget agenda

Tomorrow isn’t just Tuesday 9 May. It’s also annual Budget day, when the government announces its plans to spend our taxes. All eyes will be on […]
May 1, 2017

US still gets dragon’s share of Chinese investment

Although Chinese investment in Australia has soared to its highest level, post-GFC, it still trails behind the US, and its growth is slackening against the Euro. […]
April 20, 2017

PM dumps 457 visa, replaces it with lookalike

“Jobs for Australians” may be Turnbull’s new catchcry, but his recent abolition of the 457 visa won’t assure this. Number crunchers have revealed that less than […]
April 12, 2017

As Sydney home prices peak, Minister promises relief

Sydney property price panic has peaked: the average cost of a pad in Australia’s most populated city reached $1.1 million in the final quarter of 2016. […]
April 12, 2017

Trump may bring us even closer to China

Trump’s ‘yuge’, brash personality may drive a wedge between the US and China, to the benefit of Australia. His protectionist trade stance, if enacted, will damage […]
April 12, 2017

Bizonomics the new ‘trickle-down’

You’ve heard of ‘supply and demand’ and ‘trickle-down’. Now, there’s a new, trending breed of economics: bizonomics. Apparently coined by Australian economic journalist Ross Gittins, bizonimics […]
April 1, 2017

Australia has experienced the longest period of economic growth in the developed world

Australia’s economy grew a strong 1.1 per cent in the fourth quarter (Q4), lifting Australia’s annual economic growth to 2.5 per cent in 2016, according to […]
March 20, 2017

Australia goes 25 years without recession

Australia’s economy gained momentum in the last quarter of 2016, allowing the resource-rich economy to extend its 25-year streak without recession. It brings the country close […]