Economy
Australian Property Market Set to Deliver Positive Growth in 2020
January 02, 2020 07:09 PM AEDT| By Kunal SawhneyThough the Australian property market prospects looked gloomy in early 2019, the outlook for 2020 is truly optimistic amidst a tremendous recovery in property prices over the last year. The market experts expect the inner-city suburbs of the nation&...
Australian Property Market Exceeded Expectations This Year, Revived in 2H 2019
December 27, 2019 07:12 AM AEDT| By Utkarsha Kalra2019 was a period of turnaround for the Australian economy, especially for the property market that ended the year on a positive note against market expectations of a slowdown in residential property values. At the start of 2019, economists were ant...
Watch Latest Economic Updates: Australia's Bushfire crisis; Trump Impeachment
December 20, 2019 11:32 PM AEDT| By Team Kalkine MediaExtreme bushfires in Australia and impeachment of the US President by the House of Representatives have drawn investors? attention across the world as both the Australian Prime Minister and the US President have come under the scanner for different r...
Chances of February Rate Cut Dips After Optimistic Employment and Household Wealth Data
December 19, 2019 08:30 PM AEDT| By Team Kalkine MediaThe recent statistics announced by the ABS on the unemployment rate and household wealth have reportedly dropped the prospects of an interest rate cut by the RBA in February. The ABS has declared a fall in the unemployment rate in November, along wi...
ASX Drops Amid Looming “Phase-One” Trade Deal and Fed’s Interest Rate Decision
December 12, 2019 11:40 PM AEDT| By Team Kalkine MediaThe Australian benchmark index, S&P/ASX 200 plunged significantly on Thursday, observing a fall of 0.7 per cent or 43.8 points to 6708.8 points. Moreover, the broader All Ordinaries was also 0.6 per cent or 42.4 points down, at 6810.8 points. Al...
Will RBA Downgrade its 2020 Growth Forecasts or Not?
December 09, 2019 11:35 PM AEDT| By Team Kalkine MediaIn the wake of latest GDP figures for September quarter 2019, economists believe that the Reserve Bank of Australia (RBA) and the Australian government will downgrade their 2020 growth forecasts further. They are expecting a GDP growth of 2.4 per cen...
Stimulating Economic Growth: A Key Challenge for Australian and Global Economies
December 08, 2019 09:15 AM AEDT| By Team Kalkine MediaThe year 2020 is impending with a thundering noise as several disruptive forces are sweeping across the global economy, exerting downward pressure on growth that has already suffered considerably in 2019, primarily due to a slowdown in China, trade d...
Optimism in US-China Trade Talks Revives ASX, S&P/ASX 200 Inches Up 1.1%
December 05, 2019 10:10 PM AEDT| By Team Kalkine MediaIn line with the market expectations, the Australian share market?s benchmark index- S&P/ASX 200 rebounded on Thursday (5th December 2019) after observing a steep fall in the last two days of trade, driven by overnight gains on Wall Street. The...
Economic growth and Productivity Numbers: Interest Rate Cut Warranted or Not?
December 05, 2019 02:04 PM AEDT| By Team Kalkine MediaAs per recent statistics released by the ABS for September quarter 2019, Australia?s economy grew below market expectations at an annual pace of 1.7 per cent, despite three interest rate cuts announced by the Reserve Bank of Australia (RBA) this year...
Key World Economies Facing Towering Debt Accumulation: Looking at the Bigger Picture
December 01, 2019 09:15 AM AEDT| By Team Kalkine MediaSince the subprime mortgage crisis of 2008, the global debt has continued to rise. It is growing faster than the global economy, and borrowing by governments, households and non-financial businesses now account for more than 240% of the world?s gross...
What Made Australian Share Market Close at a New Record High?
November 28, 2019 01:19 PM AEDT| By Team Kalkine MediaThe Australian share market?s benchmark index, S&P/ASX 200 index closed the trading session at 6864 points, a record high level for a second consecutive day on 28th November 2019. The index even touched 6879.5 points during the day?s trade, excee...
OECD: Australia's Fiscal Stance Seems to be on a Better Side of Things
November 22, 2019 09:06 PM AEDT| By Team Kalkine MediaIn its latest economic outlook, Organisation for Economic Co-operation and Development (OECD) has trimmed the global GDP growth forecast to about 3 per cent in 2020 and 2021 from its previous projection of 3.4 per cent in 2020. The organisation has a...
How are Equity Markets Responding to the US-China Trade Developments?
November 21, 2019 07:57 PM AEDT| By Team Kalkine MediaAustralia?s benchmark index, the S&P/ASX 200 delivered another disappointment on 21st November 2019, closing 0.7 per cent or 49.5 points down at 6672.9 points. The All Ordinaries index also finished 0.7 per cent or 50.6 points lower at 6777.7 po...
Westpac – MI Leading Index and Consumer Sentiment Index – November Issue
November 21, 2019 04:47 PM AEDT| By Team Kalkine MediaTwo important economic indicators have been released by Westpac Economics. These indicators include Leading Index and Consumer Sentiment Index, which are prepared by Westpac ? Melbourne Institute. Westpac Economics falls under the cohort of Westpac...
GDP Generating Capacity of Global Debt Dips; Look at other macro indicators
November 13, 2019 08:29 PM AEDT| By Team Kalkine Media?If we overuse one factor of production, keeping other inputs fixed, the productivity initially increases then flattens, declining sharply after a certain point.? This is termed as the law of diminishing marginal productivity, that is commonly consid...
What’s Latest In Australian Economy?
November 10, 2019 09:00 AM AEDT| By Team Kalkine MediaThe economy of Australia is counted amongst one of the most resilient economies across the world that performed strongly during the global financial crisis. However, the country?s economy is currently in a challenging state with record low interest r...
Monetary Policy versus Fiscal Policy- The post-LIBOR world in Australia
October 24, 2019 03:13 PM AEDT| By Team Kalkine MediaA nation requires certain tools and governance to achieve its?macroeconomic?objectives. Two such tools, rather policies to give a push to the economy in recession?and restrain it when it is overheating are the monetary policy and fiscal policy. Both...
Flick Through Three Highlights from IMF’s GDP Forecast for Australia
October 16, 2019 10:30 PM AEDT| By Team Kalkine MediaIn its recently released World Economic Outlook (WEO), the International Monetary Fund (IMF) has downgraded its Australian growth forecast from 2.1 per cent to 1.7 per cent in 2019. This is lower than the projection provided for Greece?s economy (2 p...
Charting Out Trade Deals-India, China and Australia
October 16, 2019 07:07 PM AEDT| By Team Kalkine MediaA trade agreement is a contractual arrangement executed between states defining their trade relationships and guaranteeing investments. It may be bilateral or multilateral, that is, between two states or more than two states. For majority of the cou...
Catch a Glimpse of RBA’s October Monetary Policy Meeting Minutes
October 16, 2019 05:28 PM AEDT| By Team Kalkine MediaAmidst global trade tensions and mounting recession pressure, RBA recently lowered the domestic interest rates further to 0.75 per cent. In its recently released October meeting minutes statement, the RBA has discussed the concerns that led to this 2...
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