Economy


 How do consumers make purchasing decisions?

How do consumers make purchasing decisions?

September 14, 2021 08:18 PM AEST| By Akanksha Vashisht

Highlights  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.....

 Why people want an overhaul of childcare costs in UK

Why people want an overhaul of childcare costs in UK

September 14, 2021 04:29 PM AEST| By Rishika Raina

Highlights 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.....

 What to expect from bond and equity markets after RBNZ hikes interest rate

What to expect from bond and equity markets after RBNZ hikes interest rate

September 13, 2021 02:00 PM AEST| By Manika

Highlights Analysts signal a 25-basis point rate hike in the October monetary policy. This will have an impact on cooling of inflation. Equities and bond prices will feel the headwinds due to interest rate hike. The OCR hike which was put.....

 Automattic buys Social Image Generator plugin; what it means for WordPress users

Automattic buys Social Image Generator plugin; what it means for WordPress users

September 10, 2021 12:07 PM AEST| By Ashish

Highlights 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.....

 COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand

COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand

September 09, 2021 05:13 PM AEST| By Team Kalkine Media

The 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......

 NZ to spend NZ$24.3B on transport services and infrastructure in three years

NZ to spend NZ$24.3B on transport services and infrastructure in three years

September 07, 2021 10:34 AM AEST| By Manika

Highlights The New Zealand government releases its National Land Transport Plan. To invest NZ$24.3 billion in transport services and infrastructure over three years. NZ$6-billion earmarked for public transport, walking and cycling. The Go.....

 Proportion of payments made using banknotes is declining: RBA

Proportion of payments made using banknotes is declining: RBA

September 04, 2021 12:19 AM AEST| By Priyanka Payal

Highlights  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.....

 On the runway to Q3 results

On the runway to Q3 results

September 04, 2021 12:06 AM AEST| By Rini Zachariah

Highlights  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 .....

 Wetherspoons joins the list of firms hit by supply chain crisis in UK

Wetherspoons joins the list of firms hit by supply chain crisis in UK

September 02, 2021 04:12 PM AEST| By Nidhi Gupta

Wetherspoons 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.....

 How many international airlines are still flying to Australia?

How many international airlines are still flying to Australia?

August 26, 2021 12:54 PM AEST| By Ashish

Even as the international borders remained closed for passengers for the last many months, a few airlines flew in and out of Australia, benefitting from quarantine-free travel corridors and specially organised repatriation flights. More airlines a.....

 Are NZ retail companies feeling the heat of level 4 lockdown?

Are NZ retail companies feeling the heat of level 4 lockdown?

August 21, 2021 06:00 AM AEST| By Roma

Highlights Retailers are concerned about the new Delta variant, which is potentially more transmissible. The government urged to clarify what qualifies as an essential service, amidst the Level 4 lockdown announcement. Prime Minister says it i.....

 The week ahead: Key economic events to watch

The week ahead: Key economic events to watch

August 20, 2021 06:43 PM AEST| By Team Kalkine Media

Highlights The recent wave of the Delta variant has posed a significant roadblock in the path to global economic recovery. The key economic announcements lined up ahead would provide better insight into how world leaders are planning to fight t.....

 Afterpay Day 2021: Check out the best fashion and tech deals

Afterpay Day 2021: Check out the best fashion and tech deals

August 19, 2021 04:31 PM AEST| By Ashish

Highlights Afterpay is back with its sale event, which occurs twice a year. The four-day Afterpay sale, which began at 7 AM (AEST) on 19 August, is offering discounts as high as 70% on popular brands. Major deals are spread across fashion, bea.....

 A quick look at 10 most influential economists

A quick look at 10 most influential economists

August 19, 2021 12:27 PM AEST| By Team Kalkine Media

As a field of study, economics has taken a diverse path over years, which is characterised by rapid developments and changing philosophies. Meanwhile, the field has witnessed several monumental changes/new ideologies over the course of time and has.....

 RBNZ Governor faces a tough choice in view of Level-4 lockdown

RBNZ Governor faces a tough choice in view of Level-4 lockdown

August 18, 2021 09:32 AM AEST| By Manika

In view of new cases of Coronavirus in Auckland city and resultant Level-4 lockdown, the Reserve Bank Governor will face a difficult choice in deciding whether to hike the OCR now or not.  A rate hike which looked imminent some days back due t.....

 RBNZ to raise OCR on Wednesday, by how much, is the question?

RBNZ to raise OCR on Wednesday, by how much, is the question?

August 16, 2021 01:06 PM AEST| By Manika

The latest employment numbers announced by Stats NZ reinforced the expectations of economists and analysts alike on the news of interest rate hike by the Reserve Bank of New Zealand (RBNZ). Some have been talking of a double hike of the official Ca.....

 How are low interest rates helping Canada & US?

How are low interest rates helping Canada & US?

August 13, 2021 11:30 PM AEST| By Ankit Sethi

Highlights In March 2020, the Bank of Canada cut its benchmark interest rates to 0.25 per cent. In the wake of the pandemic, the US Federal Reserve has also maintained interest rates at record-low levels. Inflation is high in both the US and C.....

 The week ahead: Key economic data to watch

The week ahead: Key economic data to watch

August 13, 2021 05:33 PM AEST| By Team Kalkine Media

Summary  Most countries remain positioned to face higher levels of inflation as economic recovery takes shape across the globe. The economic revival has not been uniform across nations, with some countries still struggling to contain the v.....

 When will Australia lift international travel ban?

When will Australia lift international travel ban?

August 13, 2021 04:26 PM AEST| By Ashish

Sneh Gandha, a 63-year-old from Jalandhar, India, has been, without fail, tracking updates daily on the existing coronavirus scenario in Australia. Her elder son Sumeet resides in Sydney, the capital city of New South Wales (NSW), which was last he.....

 How hospitality sector desires to overcome ‘Pingdemic’ hurdles

How hospitality sector desires to overcome ‘Pingdemic’ hurdles

August 06, 2021 10:09 PM AEST| By Abhijeet

Summary  Hospitality sector has been the worst-hit industries in last 16 months Pingdemic is hurting the businesses and operations as firms face staff shortages UKHospitality has welcomed the proactive initiative of pinging the people Th.....

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