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San Francisco goes all orange, Is New Zealand the north star for 21st-century house hunters?
September 14, 2020 07:37 PM AEST| By Team Kalkine MediaHouse prices in New Zealand have hit a record high amid COVID-19 as sales improved after lockdown and people looked at renovating their homes due to increased amount of time spent there. As per the latest sales figures from Real Estate Institute o.....
Banks raise an alarm as RBNZ Governor prepares for Negative Interest Rate
September 14, 2020 05:47 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 pandemic has hit businesses, disrupted supply chains, and threw the economies into a recession across the globe. Central banks of some of the leading countries are taking into consideration negative interest rates to combat the.....
UK Economy On The Path To Recovery: July Shows 6.6% Growth
September 13, 2020 11:00 PM AEST| By Team Kalkine MediaThe British economy grew by 6.6 per cent in the month of July 2020, according to the latest government statistics. This is the third consecutive rise in monthly growth of the nation’s economic output, after June (8.7 per cent) and May (2.4 pe.....
UK Get A Major Breakthrough, Secures Free Trade Pact with Japan
September 12, 2020 11:00 PM AEST| By Team Kalkine MediaOn 11 September 2020, over a video call, UK’s International Trade Secretary, Liz Truss and Japan’s Foreign Minister, Motegi Toshimitsu signed the UK-Japan Comprehensive Economic Partnership Agreement. The UK was successful in securing a.....
Brexit deadlock on Internal Market Bill: Britain inflexible, US-UK trade deal could suffer
September 12, 2020 08:32 PM AEST| By Team Kalkine MediaThe ongoing talks on Brexit between Britain and the European Union (EU) seemed to be on the edge of a collapse due to the UK’s inflexibility over the Internal Market Bill. The Boris Johnson's government has not agreed to a request from the EU.....
Are There Any Green Shoots Sprouting in the NZ Economy?
September 12, 2020 12:35 PM AEST| By Team Kalkine MediaWhile the Kiwi Land is battling with the second wave of COVID-19 infections and resultant lockdown restrictions, stronger than anticipated performance of the NZ economy has taken the world by surprise. Moreover, some optimistic signs of recovery ar.....
Read What’s Happening Inside Australian Travel Industry!
September 12, 2020 12:30 PM AEST| By Team Kalkine MediaState border closures and Victoria’s extended lockdown are threatening Australia’s travel industry like never before. The full recovery seems to be sometime away for the battered travel sector. However, one cannot neglect the dedicated .....
Pound Sterling Weakens Against The Euro
September 11, 2020 11:22 PM AEST| By Team Kalkine MediaThe British pound has been consistently falling against the euro, touching its lowest value in the past six months period to reach a value of 1.0784 on 11 September 2020. In fact, the sterling pound has dropped by more than 3 per cent since.....
Introduction of “Rule of Six”: Will It Further Put Pressure on Ailing Hospitality Sector?
September 11, 2020 11:11 PM AEST| By Team Kalkine MediaThe continuous surge in the number of Covid-19 cases has forced the British Government to take preventive measures to stop the spread of the coronavirus infection. In order to restrict the growing cases, the Government has rolled out a new rule whi.....
New Zealand’s 2-year bond yield enters negative territory for the first time: Impact on the larger economy
September 11, 2020 05:36 PM AEST| By Team Kalkine MediaNew Zealand has been leading the world in battling coronavirus. The country has been applauded globally for its effective control on coronavirus by imposing strict and early 7-week lockdown in April and May. However, the country witnessed a second .....
Morrison government revamped rules lets one take a dip into JobKeeper and JobSeeker dole outs
September 11, 2020 02:27 PM AEST| By Team Kalkine MediaJobKeeper and JobSeeker subsidies by the Australian government came to the rescue of more than 2.2 million people from falling into poverty as millions had come under the unemployment net or were facing reduced work hours. On 1 September, the Aust.....
Election 2020: Labour to bring a 39% tax rate for top income earners
September 11, 2020 04:37 AM AEST| By Team Kalkine MediaJacinda Ardern’s ruling labour party has proposed a new higher tax rate of 39% on income earned over $180,000 implying that only 2% of the taxpayers would in reality pay it, while others would keep paying taxes at the same rate as before. Th.....
Will food prices rise if the UK divorces Brexit?
September 10, 2020 11:11 PM AEST| By Team Kalkine MediaIn case of a no deal Brexit, almost half of the goods and services being imported from the Europe could attract extra duties or levies beginning January 2021, including food. The UK government estimates had suggested that total value of border tari.....
Is the Boris Johnson Government Planning to Alter the Brexit Deal?
September 10, 2020 09:47 PM AEST| By Team Kalkine MediaThe Pulling out of the United Kingdom from the European Union is creating unforeseen complications for both for the UK as well as the EU. The latest controversy to hit both these economic blocs is a statement made by cabinet minister Brandon .....
Westpac-MI consumer sentiment index rebounds 18% in September
September 09, 2020 11:00 PM AEST| By Team Kalkine MediaThe Westpac-Melbourne Institute Index of Consumer Sentiment soared 18% from 79.5 in August to 93.8 in September. The index is at present just 1.6% below the average over the 6 months prior to the advent of COVID-19 in March. The rebound of 18% afte.....
Will Higher Energy Bills During Winters Support Electricity Suppliers?
September 08, 2020 11:14 PM AEST| By Team Kalkine MediaThe British home energy bills could rise by around 18 per cent during the coming winter months, says the latest report from Energy Helpline, a company providing price comparison services for energy suppliers across the UK. The Energy Helpline esti.....
A Sigh of Relief for Tesco and Associated British Foods as the Consumer Spending Increases
September 08, 2020 11:11 PM AEST| By Team Kalkine MediaThe retail industry is the largest private sector employer in the UK, with one in 10 people working in the sector. Despite of the collapse of the British high street, online sales accounts for one-fifth of total retail sales across the nation. Supe.....
Queensland announces tax relief for SMEs with Australia planning more tax cuts ahead
September 08, 2020 12:00 AM AEST| By Team Kalkine MediaThe Government of Queensland has planned on giving an extra $249 million from the current subsidy in coronavirus related tax relief to small and medium enterprises (SMEs) with the motive of protecting SMEs in Queensland that are currently reeling u.....
Government plans ‘SEAT out to help out’ scheme, Cineworld to be impacted positively
September 07, 2020 11:11 PM AEST| By Team Kalkine MediaIn its efforts to bring large crowds that are required for the theatres and sports stadiums to operate viably during the coronavirus pandemic, the government plans to bring a ‘SEAT out to help out’ scheme. Oliver Dowden, Cultural Secret.....
Brexit Updates: UK Contemplates A New Bill, British Logistics Sector Looks To Avoid Chaos
September 07, 2020 11:00 PM AEST| By Team Kalkine MediaDavid Frost, chief negotiator, Brexit talks has said that the UK will not take a backstep on any of its demands with respect to its future relationship with the EU (European Union). He added that the EU side has no option but to understand that the.....
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