The Buzzing Trends || What are the key pre-budget announcements for Australia?

The S&P/ASX200 ended Friday with a fall of 0.8 per cent even though April 2021 was the best month for Australian Market in last 5 months. ASX started the new month with a gain of 25.70 points to 7 thousand 51.50 at 11:42 AM Australian Eastern Standard Time.

This pledge of $ 1.7 billion spending is hopeful to increase female participation at workplace. The subsidy will target families having more than 1 child in day-care aged up to 5 years to a maximum of 95 per cent subsidy for the second and subsequent children.

Premier Investments, a company with a particular focus on retailing, importing and distributing, announced that it shall repay net benefits of $ 15.6 million as JobKeep Subsidy received for the 6 months ending in January 2021. Westpac Banking corporation reported interim cash earnings at $ 3.5 billion, up by 256 per cent as the economy rebounds from Covid-19.

This increase will help Westpac to meet its pledge to reduce cost by 2024. This will be possible to be achieved by the shift to digital banking which will ultimately lead to branch reduction and increase in products sold.


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK