AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Economy
.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.....
NZ’s quick response to the Pandemic results in 14% GDP gain in Q3
December 17, 2020 01:00 PM AEDT| By Hina ChowdharyEconomic activity in NZ rebounded with GDP rising 14% in the September quarter, recuperating from lockdown in March/April that resulted in the closure of several businesses and halting activity altogether. The gain in the September quarter came af.....
Is Canada Heading For Economic Difficulties In 2021? Macklem Explains
December 16, 2020 10:16 PM AEDT| By Team Kalkine MediaThe Canadian economy could post another decline due to the second wave of the coronavirus cases, Bank of Canada (BoC) governor Tiff Macklem noted in his last speech on 2020 on Tuesday, December 15. Mr Macklem, in his virtual address to the Vancouv.....
Brexit effect: Facebook to shift UK users to California agreements
December 16, 2020 08:27 PM AEDT| By Team Kalkine MediaThere are a lot of changes happening as the Brexit transition deadline comes to an end on 31 December. Not only the arrangement of international trade is changing, the data and privacy policies are also supposed to witness modifications. With the t.....
Britishers Oppose Government’s Plan to Relax Covid-19 Restrictions During Christmas
December 16, 2020 07:38 PM AEDT| By Hina ChowdharyAs Christmas is just a few days away, people in the UK are not much fervent about the festive season considering the rising coronavirus cases across the country. In response to the government’s plan of relaxing coronavirus restrictions for f.....
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.....
PM Boris Johnson To Visit India In January In A Bid to Boost Jobs and Investment
December 16, 2020 05:18 PM AEDT| By Team Kalkine MediaUK Prime Minister Boris Johnson will be travelling to India in a move that is intended to buttress the strategic relationship, boosting job prospects and investment with India. This will be Johnson’s first bilateral visit to India after resum.....
.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.....
New Zealand’s September current account deficit relative to GDP at a low ebb in ~2 decades
December 16, 2020 01:27 PM AEDT| By Hina ChowdharyThe current account deficit for NZ dwindled to the lowest level since 2001, in the year to September due to lower imports coming in New Zealand in 2020. As per Stats NZ, seasonally adjusted current account deficit stood at $0.4 billion in the Sept.....
UK’s Unemployment Climbs To 4.9% In October Quarter, Hospitality Sector Worst Hit
December 16, 2020 03:11 AM AEDT| By Hina ChowdharyThe official figures have reported that UK companies had 819,000 fewer workers on their payrolls in November than at the start of the pandemic. The figures of UK unemployment till the month of October have been published by the Office of National S.....
Covid Restrictions in London May Not Ease Soon as All 32 Boroughs Set to Enter Tier 3
December 16, 2020 12:27 AM AEDT| By Team Kalkine MediaFollowing an exponential rise in coronavirus cases in the last one week, London, Hertfordshire and Essex will move into the toughest tier of Covid-19 restrictions from Wednesday, the government said. The existing set of restrictions may not end soo.....
British Insurers Extend Support Yet Again for Covid-19 Until March
December 15, 2020 09:28 PM AEDT| By Hina ChowdharyThe probability of coming out of the adversities caused by the pandemic is getting stronger on the backdrop of a potential Covid-19 vaccine. Amid the positive sentiment of the mass vaccination, the insurance industry has decided to extend support t.....
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...
Tasmania Signs New Energy Deal with Federal Govt
December 15, 2020 08:28 PM AEDT| By Team Kalkine MediaThe Australian federal government and the state government of Tasmania have signed an energy and emissions reduction deal, as per the 15 December 2020 Australian Prime Minister media release. Besides generating thousands of job opportunities, it is.....
.jpg)
Key takeaways from the RBA´s Monetary policy meeting
December 15, 2020 02:22 PM AEDT| By Team Kalkine MediaIn the recent Monetary Policy Meeting of the Reserve Bank of Australia, a host of developments were noted on both the domestic and international front. The meeting was held on 1 December 2020, headed by Governor Philip Lowe. Here are some importan.....
APRA relaxes COVID-19 dividend restriction for banks
December 15, 2020 11:48 AM AEDT| By Kunal SawhneyAustralian Prudential Regulation Authority (APRA) on Tuesday said that banks are no longer required to hold a minimum level of earnings retention as against the earlier recommendation in July 2020 amid COVID-19 crisis. The updated capital managemen.....
Alcoa's Portland aluminium smelter receives $76.8 m Federal Government support
December 15, 2020 11:41 AM AEDT| By Team Kalkine MediaShutterstock Image The Morrison Government has assured $76.8 million to support Alcoa's massive Victoria Portland Aluminium Smelter and in turn help to manage the state’s energy demand. Portland Aluminium Smelter is amongst the largest el...
UK and EU Agree to Continue Brexit Deal Negotiations for Viable Solution
December 15, 2020 12:12 AM AEDT| By Team Kalkine MediaUnable to come on a fruitful agreement, UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen have said they would keep discussing the free trade deal beyond the self-imposed deadline on Sunday in a bid to find a vi.....
Green energy: Government announces plans to support 220,000 British jobs, to start talks with EDF
December 14, 2020 11:12 PM AEDT| By Kunal SawhneyThe UK government said that it is planning to support around 220,000 jobs across Great Britain as part of the Green Industrial Revolution project. The proposal is part of the government’s energy white paper, which chalked out the plan to deca.....
UK Manufacturers Body Warns of a Knockout Blow If Brexit Deal Not Secured
December 14, 2020 08:43 PM AEDT| By Kunal SawhneyAs the UK and EU make best efforts to clinch a Brexit deal, Make UK has stated that in the absence of a trade deal, it will render a big knockout blow to the sector. The trade body has slashed the growth forecast for the sector from 5.1 per cent to.....
Advertise your brand on Kalkine Media