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Economy
China requests to join Pacific trade pact with eyes on boosting economic clout
September 17, 2021 07:52 PM AEST| By Team Kalkine MediaHighlights China applies to join Asia - Pacific trade pact to boost economic position. Created by the US to counter Chinese influence, the pact eventually became the Comprehensive and Progressive Agreement for Trans-Pacific Partnership or the .....
COVID-19 lockdowns deal a blow to Australian employment in August
September 16, 2021 02:20 PM AEST| By Furquan MoharkanHighlights Australia’s job scenario has taken a hit amid COVID-19 spike as 146,300 have gone out of employment net. The labour participation rate has also dipped. The number of hours worked also witnessed a decline. The number of em.....
How do consumers make purchasing decisions?
September 14, 2021 08:18 PM AEST| By Akanksha VashishtHighlights The modern consumer is well-informed and well-equipped with technological tools that help form decisions. As online consumer activity has picked up the pace, individuals have left behind a large trail of data for marketing firm.....
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Why people want an overhaul of childcare costs in UK
September 14, 2021 04:29 PM AEST| By Rishika RainaHighlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable and are demanding for an overhaul of childcare costs. According to latest OECD data, the UK ha.....
Australia's skewed gender ratio in leadership roles needs attention
September 13, 2021 10:34 AM AEST| By Anam SiddiquiHighlights Only one woman was chosen out of 23 CEO appointments to lead an ASX 300 company last year, while no woman boss was appointed in the ASX 200 list. The gender pay gap increased 0.8 percentage point over the past six months due to.....
APAC markets see a muted week; China emerges as outperformer
September 10, 2021 06:45 PM AEST| By Furquan MoharkanHighlights China, Japan markets have outperformed other markets. COVID-19 continues to weigh heavy on Aussie equities. The KOSPI has been the worst performer in the region. In a muted week for the Asia Pacific equities, Chinese shar.....
Automattic buys Social Image Generator plugin; what it means for WordPress users
September 10, 2021 12:07 PM AEST| By AshishHighlights WordPress parent Automattic has acquired Social Image Generator plugin. Social Image Generator creates social share images for WordPress content from a range of fully customisable templates for customers' social media Earlier i.....
How Australia is playing a crucial role in revving up global green transition
September 10, 2021 10:00 AM AEST| By Arpit VermaHighlights Australia's clean energy contribution has increased from 17% in 2016 to 27% in 2020. More than 25% of the country’s total electricity generation came from renewables in 2020. Australia has increased its renewable energy capaci.....
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COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand
September 09, 2021 05:13 PM AEST| By Team Kalkine MediaThe reopening of Australia NZ travel bubble has received another setback after New Zealand’s Minister for COVID-19 Response Chris Hipkins brushed off the possibility of resuming quarantine-free travel bubble with Australia in the near future......
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What is the actual cost of buying a home in Australia?
September 07, 2021 07:11 PM AEST| By Sonal SinhaHighlights Purchasing a home is a life changing experience in one’s life. The cost of the property depends on the location and value of the property. Property price includes other fees along with the actual property price. Pur.....
RBA monetary policy: Going ahead with truncated bond buying; 130th month without rate hike
September 07, 2021 06:02 PM AEST| By Furquan MoharkanHighlights Central bank to press ahead with plans to truncate bond-buying spree Cash rate maintained as it is – for 131st month a trot. RBA Chief calls COVID-19 hit as ‘‘temporary.’ Overall, Australia is not as bad.....
How 2021 Infrastructure Plan aims to buck up Australia's economic future growth
September 06, 2021 12:12 PM AEST| By Anam SiddiquiHighlights The 2021 Australian Infrastructure Plan provides a 15-year roadmap to deliver infrastructure for a stronger Australia. The plan intends to fully leverage the Australian Government’s AU$110 billion infrastructure spend.&nb.....
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Proportion of payments made using banknotes is declining: RBA
September 04, 2021 12:19 AM AEST| By Priyanka PayalHighlights During the Coronavirus pandemic, the Reserve Bank of Australia highlighted a significant shift to contactless and mobile payments by merchants and consumers. The RBA maintained that the proportion of payments made using banknot.....
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On the runway to Q3 results
September 04, 2021 12:06 AM AEST| By Rini ZachariahHighlights At the end of July, the 2Q GDP data was announced. ABC has also announced the performance of critical variables like retail sales, employment data and loan commitment data. The numbers paint a flimsy picture overall but there .....
Virgin Australia offers business class tickets to vaccinated travelers; check how to win
September 03, 2021 03:23 PM AEST| By AshishHighlights Australians stand a chance to win more than AU$150,000 in prizes as Virgin Australia launched a competition for completely vaccinated people. The rewards include business class flights, lounge memberships, Virgin Australia pyjama set.....
Glum around Australian GDP numbers- recession or rebound in the offing?
September 03, 2021 12:57 PM AEST| By Rini ZachariahAs per the latest release by the Australian Bureau of Statistics (ABS), the June 2021 quarter recorded a 0.7% growth in GDP since the March quarter, when the q-o-q growth was 1.9%. The y-o-y national growth was 9.6%. As per a Reuters poll of econom.....
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Wetherspoons joins the list of firms hit by supply chain crisis in UK
September 02, 2021 04:12 PM AEST| By Nidhi GuptaWetherspoons on Wednesday joined the list of effected firsm as it reported that its Carding and Coors beers are the latest casualty of the supply chain crisis as most pubs are not receiving deliveries. Its brewers, Molson Coors, said that the suppl.....
Australia’s July trade surplus widens to record high
September 02, 2021 02:21 PM AEST| By AayushHighlights Australia’s trade surplus ballooned to a record high of AU$12.1 billion in July 2021. Australia’s exports to China also hit a record high of AU$19.4 billion, reflecting stronger trade relations with China. The country re.....
Heard about Flubot malware? Beware, it can steal your credit card details
September 02, 2021 12:28 PM AEST| By AshishHighlights Australians are battling new malware amid the ongoing coronavirus pandemic. Mobile malware ‘Flubot’ works by sending a message to phone users with an alert for a missed call or a new voicemail. The text message contains .....
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A look at Australia’s rising property prices
September 01, 2021 05:07 PM AEST| By Sonal SinhaAustralian property prices continue to rise amid rising COVID-19 cases in the Country. According to Media reports, total residential real-estate in Sydney was around AU$2.5 trillion and ~AU$1.7 trillion during the start of 2021. The total property .....
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