AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Economy
What’s the reason behind the rally in Perth’s real estate prices?
January 05, 2021 12:00 PM AEDT| By Edita Ivancevics, sellers, and investors, who are likely to purchase investment properties. Experts believe that properties in Perth will increase by 10 per cent in price, as the Western Australia capital is experiencing a high demand for sales of houses due t...
How Did Australian Economy Sail Through 2020?
January 04, 2021 12:20 PM AEDT| By Hina ChowdharyThe global economy saw many firsts in the year 2020. The world saw historically low growth levels, high unemployment, ultra-low interest rate regime and shaky share markets. The bushfire severity made the first few months of the pandemic extremely.....
Reasons and forecasts of Australian economy’s recovery
January 03, 2021 12:14 AM AEDT| By Kunal SawhneyThe government projections for the fiscal year 2020-21 have shown that the economy is bouncing back. The mid-year economic and fiscal outlook presented a real GDP growth forecast of 2.75% for 2021. This forecast is higher by 0.5 pt from the forecas.....
How 2020 Panned Out for Interest Rate Scenario Across Major Economies?
December 31, 2020 07:36 PM AEDT| By Team Kalkine MediaCentral banks across the globe have resorted to low interest rates to stimulate economies suffering from a recession amidst the pandemic. Many countries have lowered their interest rates to never-before-seen levels, close to 0% in most cases. Sinc.....
How does a stimulus boost an economy?
December 31, 2020 11:35 AM AEDT| By Team Kalkine MediaAn economic stimulus refers to the action wherein a government provides a package to the consumers by utilising different policies. A stimulus includes both monetary and fiscal policy measures. The purpose of a stimulus is to provide a boost to the e...
.jpg)
How Central Banks Changed the Course of 2020?
December 30, 2020 04:03 PM AEDT| By Team Kalkine MediaCentral banks across the globe have constantly been innovating and finding new solutions to combat the economic strain caused by pandemic. Amidst the uncertainty attached to the coronavirus and the lack of complete knowledge about the same, policy .....
Deadline looms for superannuation early release scheme
December 29, 2020 03:02 PM AEDT| By Team Kalkine MediaSuperannuation early release scheme is set to end on 31 December 2020. The scheme was introduced in March after job losses soared in the wake of nationwide lockdown. Australians who were left financially-impaired, approached their super prov.....
Australian government throws its weight behind the mining industry
December 26, 2020 12:59 AM AEDT| By Hina ChowdharyThe Australian government has taken a series of steps to reinvigorate the mining industry from the abyss of pandemic-induced downturn. Overall, there are more than 106 mining projects in advance stages of development within Australia and have.....
As 2020 Nears An End, What Are Emerging Signs Of Economic Recovery In Australia?
December 21, 2020 06:33 PM AEDT| By Kunal SawhneyThe Australian economy has been on its recovery path since the September 2020 quarter. Notably, statistics continue to improve with time. Current statistical releases by the ABS reveal figures that were far better than expectations, making the case.....
.jpg)
Electricity Price set to fall says AEMC
December 21, 2020 04:39 PM AEDT| By Kunal SawhneyThanks to the penetration of solar rooftop panels and its integration into the national grid system, the average household electricity bills are estimated to decline going forward. Apart from better integration and accessibility provided by renewable...
COVID-19 impact: Passenger vehicle use plummets, road freight grows
December 21, 2020 02:33 PM AEDT| By Hina ChowdharyAustralia saw a sharp fall in the usage of passenger vehicles in 2020, courtesy coronavirus pandemic and natural disasters such as floods, bushfires, among others. The average distance travelled by passenger vehicles in Australia declined to 11,100.....
What is driving Sydney’s luxury housing market?
December 18, 2020 06:45 PM AEDT| By Team Kalkine MediaAustralian property market is seeing a strong revival after remaining under stress in 2020 due to the coronavirus pandemic. With national home values rising 0.4 per cent in October and 0.8 per cent in November, Australia’s luxury housing mark.....
COVID-19 impact: Weekly payroll jobs fall, accommodation and food services worst hit
December 18, 2020 04:54 PM AEDT| By Team Kalkine MediaA fall of 2 percent was seen in payroll jobs between the week that ended 14 March 2020 and the week ended 28 November this year. Coronavirus pandemic began around the same time in March 2020. However, the payroll jobs surged 0.4 percent as against .....
RBA welcomes two new women members to the Board
December 18, 2020 01:40 PM AEDT| By Team Kalkine MediaThe Federal Government has appointed two new members on the Reserve Bank of Australia Board each for a period of five years. Image source: Megapixl Treasurer Josh Frydenberg made the announcement regarding the appointments on Thursday. Ms Aliso.....
Climate Change Goal Discussed at ANZ AGM, Transition Planning Disclosure Gets ~ 29% Votes
December 18, 2020 01:18 PM AEDT| By Team Kalkine MediaAustralian and New Zealand Banking Group Limited (ASX:ANZ) has finally concluded its 2020 annual general meeting with 28.74 per cent shareholders voting in favour of transition planning disclosure. The transactional planning disclosure requires the C...
ACCC sues Facebook, alleges VPN app misled users
December 17, 2020 04:57 PM AEDT| By Team Kalkine MediaThe Australian Competition and Consumer Commission (ACCC) has sued Facebook for collecting user data without their permission and knowledge. The competition regulator found a mismatch between how Facebook promoted its Onavo Protect app and how it .....
.jpg)
Rise in deposits, residential assets boost household wealth to record high
December 17, 2020 03:11 PM AEDT| By Hina ChowdharyUptick in residential assets, deposits and superannuation balances pushed household wealth growth to record high in the September quarter. Total household wealth surged by 1.7 per cent to a record high of A$11,351 billion, according to the data rel.....
Australia’s Energy Account: Wind beats hydro for first time in energy supply
December 16, 2020 05:45 PM AEDT| By Hina ChowdharyWith solar and wind energy showing robust growth, supply of renewable energy used for electricity prediction is found to show an increase during 2018-19, according to latest ABS update. For the first time on record, wind energy surpassed hydro ene.....
.jpg)
Not up to the mark: Australian businesses facing quality crunch
December 16, 2020 03:52 PM AEDT| By Hina ChowdharyEven as businesses plan to ratchet up hiring over the coming three months, finding suitable workers for jobs has become a struggle. One in five Australian businesses said that they were facing challenges while finding qualified employees as the eco.....
Payroll jobs rise amid the low of coronavirus pandemic
December 15, 2020 08:36 PM AEDT| By Kunal SawhneyPayroll jobs are on continuous recovery, rising 0.4 per cent across the fortnight ending 28 November, 2020. The total wages paid rose 0.7 per cent, as against 1 per cent in the previous fortnight ending 14 November 2020. On the other hand, payroll j...
Advertise your brand on Kalkine Media