Defining the space industry can be difficult, as it includes not only space technology itself but the commercial opportunities that are generated from observing and using space. The OECD has defined the space economy as “the full range of activities and the use of resources that create and provide value and benefits to human beings in the course of exploring, understanding, managing and utilising space”.
Many cities submit their application for the Olympic bidding process, with five cities bidding to be host to the 2024 Olympic Games. As such, you would seem to think that the economic impact of hosting the Olympics would be a positive one. However, most cities have fallen into debt after hosting the Games.
Square’s AU$39 billion acquisition of Afterpay, the largest public mergers and acquisitions deal in Australian history and largest cross-border fintech deal in global history, is a game-changer for the fintech sector.
Market manipulation has always been a problem in the financial market space. One of the most significant forms of legal market manipulation in recent times is illustrated through Elon Musk – specifically via his public tweets regarding cryptocurrencies.
Bitcoin and other cryptocurrencies, such as Ethereum and Cardano, have continually been reaching all-time highs during the current bull run. However, as of late, cryptocurrency traders and investors have been riding the wild, volatile crypto rollercoaster.
The interest in special-purpose acquisition companies or SPAC has grown exponentially in the past year. Many companies are choosing to go public through these types of companies instead of a traditional initial public offering.
A number of regulatory initiatives, such as the Task-force for Climate related Financial Disclosures (TCFD), have been enforced in the past decade. They have had the effect of making asset managers responsible for incorporating climate risk and related considerations into their investment decision making, governance and risk management.
With rapid advancements in technology, coupled with strong shifts away from physical workplaces and face-to-face interactions, the world has become increasingly digital in all forms of life. One major change we have seen is the boom of digital banking, also known as ‘neobanking’.
Mental health plays a key role in the overall vitality and wellbeing of the economy. According to the Health Council, a mental illness is defined as ‘a clinically diagnosable disorder that significantly interferes with a person’s cognitive, emotional or social abilities’.
In 2018, the market observed an investment bubble into cannabis. Since then, a similar trend has resurfaced with the psychedelic craze which has subsequently raised investment capital. Commonly associated with magic mushrooms, ketamine, MDMA and LSD, these ‘magic’ substances have caught the keen eyes of investors.