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Economy
Australian Economy: RBA toes the line, keep the rates unchanged at an all-time low
October 07, 2020 04:16 PM AEDT| By Team Kalkine MediaAs largely expected, the Reserve Bank of Australia (RBA) kept monetary policy setting untouched at the October Monetary Policy Decision on 6 October. These unchanged parameters include cash rate target, the yield on three-year Australian Government.....
UK Government’s Plan to Power Every Home with Wind Energy: Is it a Viable Move?
October 07, 2020 04:20 AM AEDT| By Team Kalkine MediaIn a speech at the Conservative Party’s virtual conference on 6 October 2020, Prime Minister Boris Johnson is all set to take a pledge to power every home in the UK with the offshore wind within a decade. The government will also be unve.....
Real Estate Price Uptick for a Third of Capital Cities in September
October 07, 2020 12:10 AM AEDT| By Team Kalkine MediaReal estate industry, like several other sectors, experienced adverse impacts, owing to the COVID-19 pandemic. The Australian real estate sector also witnessed subdued demand, with major impacts seen in capital cities. Housing values in September .....
State Pension Age Raised To 66 Years: What All You Need to Know
October 06, 2020 03:20 PM AEDT| By Team Kalkine MediaThe state pension age (SPA) has been increased to 66 years following which the millions of individuals looking forward to enjoying the benefits of pension will be mandatorily required to wait till they attain an age of 66 years. The new state pensi.....
Job Entry Targeted Support Scheme: What is there in the new £238-mn scheme for job seekers?
October 05, 2020 10:55 PM AEDT| By Team Kalkine MediaThe UK Government has launched a new employment plan called the Job Entry Targeted Support (JETS) scheme on 5 October 2020 with an investment of £238 million. The scheme is targeted to help those workers who were rendered jobless during the p.....
Short on Foreign Workers, Farming Sector A New Ray Of Hope for People on JobSeeker
October 03, 2020 12:58 AM AEST| By Team Kalkine MediaThe pandemic has redefined all sectors; its effects have forced countries to focus on strengthening domestic primary industries than globalisation. When the COVID-19 crisis began in 2020, the world experienced an unprecedented situation that was f.....
SMMT’s “Safe Harbor Scheme” To Secure Auto Industry Supply Chains Ahead of EU Pullout
October 02, 2020 10:10 AM AEST| By Kunal SawhneyThe Society for Motor Manufacturers and Traders (SMMT) in the United Kingdom has launched a major initiative to address one of the major issues concerning the automobile industry currently, called the "Safe harbour Scheme" it seeks to address the p.....
UK Economy Shrinks To Record Low: FTSE 100 Might See A Fall Due To Covid-19 Resurgence
September 30, 2020 11:20 PM AEST| By Team Kalkine MediaRevised data has been released from the Office for the National Statistics (ONS) which revealed that the economic output in the UK dropped by 19.8 per cent as against the initial estimates of 20.4 per cent for the second quarter of the year.....
Has lockdown been a turning point for the Retail Sector?
September 30, 2020 03:32 PM AEST| By Team Kalkine MediaIn the recent times, coronavirus has been the biggest challenge faced by businesses around the world, along with the retailers. Supermarket sales have been up (both in-stores and online) when the country was at Alert Level 4 as buyers stocked up on.....
‘SWOT Analysis’ of NZ Travel Industry Reeling from COVID-19 Crisis
September 30, 2020 02:50 PM AEST| By Team Kalkine MediaWhile Kiwi Land’s stringent lockdown restrictions enabled it to gain control over the COVID-19 spread, these curbs delivered a crushing blow to the flourishing travel sector. At the time when NZ is pulling out all the stops to reboot its mult.....
Negative interest rates in the UK? All eyes on BoE’s November MPC meet
September 29, 2020 11:11 PM AEST| By Kunal SawhneyCountries across the world are facing the dearth of economic activity since the lockdowns have been implemented due to the coronavirus pandemic. The economic activities have slowed down after business closures, suspension of services in sectors suc.....
Is the Australian real estate sector likely to get out of the woods in 2021?
September 29, 2020 03:46 AM AEST| By Team Kalkine MediaLike many other sectors in Australia, the real estate industry has also been adversely impacted by the coronavirus pandemic. For many years Aussies saw stability in home prices, but because of the dramatic slump in the country's population, the pri.....
Rising House Prices in The UK - Should You Buy A House Now?
September 28, 2020 10:11 PM AEST| By Team Kalkine MediaHouses and other real-estate assets largely remain dynamic, as far as their prices are concerned. House prices and the market values of residential homes across the UK have seen a considerable upswing after the markets started recovering fr.....
Is the travel bubble between Australia and New Zealand likely to go ahead?
September 28, 2020 03:58 PM AEST| By Edita IvancevicFive months after the first discussion regarding safe travelling between Australia and New Zealand, it may finally happen. As the coronavirus situation within Australian borders seems to be improving, New Zealand has been open for negotiations, an.....
Consistent Rise In GfK Consumer Confidence Index; Spotlight On Healthcare, Retail, and Technology Stocks
September 27, 2020 04:12 PM AEST| By Team Kalkine MediaBritish economy has been derailed from its growth track after a stringent shutdown was imposed in March 2020 to halt the spread of Covid-19 cases. With industries, transport, shops, and malls shut, economic activity came to a grinding halt in the U.....
Hey Folks, Know What’s New in the Australian Travel Industry!
September 26, 2020 04:54 PM AEST| By Team Kalkine MediaUndeniably, the COVID-19 pandemic has left the Australian travel industry in dire straits amidst stringent border restrictions and widespread job losses. While the industry is moving heaven and earth to restore to normalcy, there is still a long wa.....
With interest rate at an all-time low, how are Businesses managing their debt funding?
September 26, 2020 02:45 PM AEST| By Team Kalkine MediaBusinesses are facing the ravaging impact of COVID-19, regardless of how huge or successful they had been in the past. Most of the companies across the world have got hit by the coronavirus induced economic downturn and nationwide lockdown. They ha.....
PM Johnson Urge Leaders at UN Climate Roundtable to Rebuild A Greener Planet
September 25, 2020 09:25 PM AEST| By Team Kalkine MediaThe high-level UN climate change roundtable, which started on Thursday, 24 December 2020, is being conducted virtually, and most world leaders are expected to address it remotely. The summit this year is crucial as greenhouse emission measures worl.....
Economic Charter Under the Scanner; All Eyes on RBA Rate Cut Bets
September 25, 2020 04:18 PM AEST| By Team Kalkine MediaThe analysts are tailoring rising expectations of a cash rate cut and lower yield curve target by RBA in its October meeting. Recent economic data has further enhanced the speculations. August value of exports dipped by 2% M-o-M, while impor.....
What Are PM Trudeau’s Plans For Canadian Economy Amid Looming Second COVID Wave?
September 25, 2020 04:11 PM AEST| By Team Kalkine MediaLast month, Prime Minister Justin Trudeau had suspended the Parliament with the promise of returning with an ambitious legislative plan to battle the pandemic and revive Canada’s economy. On Wednesday, September 23, he finally laid out his pl.....
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