Economy


 Australia’s digital wellbeing ranking drops: Research

Australia’s digital wellbeing ranking drops: Research

October 15, 2022 10:00 AM AEDT| By Sonal Goyal

Australia’s digital wellbeing ranking drops from 17 to 35 position according to a research

 Brookfield Business Partners inks deal to sell Westinghouse; check details

Brookfield Business Partners inks deal to sell Westinghouse; check details

October 13, 2022 12:56 PM AEDT| By Team Kalkine Media

Brookfield Business Partners has announced to sell its nuclear technology services operation, Westinghouse Electric Company.

 Australia returns new marine parks and other lands to Indigenous owners

Australia returns new marine parks and other lands to Indigenous owners

October 09, 2022 12:00 PM AEDT| By Team Kalkine Media

The Australian government said to co-manage newly built marine parks in WA with Indigenous people. Australia has given back about 6,017 square miles of land to its traditional owners.

 Resource sales in Western Australia bounce back to pre-pandemic levels

Resource sales in Western Australia bounce back to pre-pandemic levels

October 09, 2022 06:00 AM AEDT| By Ritwika

As per Mineral and Petroleum Review 2021-22, oil and gas industry has been the backbone for resource sales in Western Australia in the given period.

 Endava (NYSE:DAVA) signs agreement to acquire Australia’s Lexicon

Endava (NYSE:DAVA) signs agreement to acquire Australia’s Lexicon

October 08, 2022 08:00 AM AEDT| By Khushboo Joshi

NYSE-listed Endava has acquired Australian digital solutions firm, Lexicon.

 Housing loan commitments decline 3.4% in August: ABS

Housing loan commitments decline 3.4% in August: ABS

October 05, 2022 01:31 PM AEDT| By Team Kalkine Media

Australian Bureau of Statistics discloses a 3.4% fall in the value of housing loan commitments in August 2022. Owner-occupied loans are 36% higher, and investment loans are 70% higher. • Western Australian territory w

 ACCC seeks ‘further views’ over Telstra (ASX:TLS), TPG (ASX:TPG) deal

ACCC seeks ‘further views’ over Telstra (ASX:TLS), TPG (ASX:TPG) deal

October 03, 2022 12:00 PM AEDT| By Sonal Goyal

Shares of Telstra and TPG dropped after ACCC questioned the proposed agreement between the parties.

 Australia to impose enhanced data protection law this year

Australia to impose enhanced data protection law this year

October 03, 2022 11:00 AM AEDT| By Ritwika

Australia to impose enhanced data protection law this year.

 Average rent in Australia rises 13.8% in a year, research finds

Average rent in Australia rises 13.8% in a year, research finds

October 03, 2022 09:00 AM AEDT| By Sonal Goyal

Housing crisis in Australia has resulted in Aussies paying AU$3000 more rent than previous year.

 DIF likely to invest across Australia & Europe; know about the projects

DIF likely to invest across Australia & Europe; know about the projects

October 02, 2022 09:00 AM AEDT| By Sonal Goyal

Leading investment manager, Dubai Investment Fund (DIF) announced that it would fund five renewable projects across Australia and Europe.

 Diageo acquires renowned coffee brand, Mr Black

Diageo acquires renowned coffee brand, Mr Black

October 01, 2022 12:00 PM AEST| By Ritwika

Diageo acquires renowned coffee brand, Mr Black

 Here are Australia’s most ambitious renewable energy storage targets

Here are Australia’s most ambitious renewable energy storage targets

October 01, 2022 12:10 AM AEST| By Team Kalkine Media

Andrews government has announced Victoria’s biggest renewable energy storage targets. • As per the announcement, the government will invest a total of AU$157 million.

 Australia to spend AU$266M to fight against AIDS, TB & Malaria

Australia to spend AU$266M to fight against AIDS, TB & Malaria

September 25, 2022 12:00 PM AEST| By Ritwika

Australia declares to contribute AU$266 million to Global Fund to fight against AIDS, Tuberculosis and Malaria.

 Yara to construct green hydrogen plant soon

Yara to construct green hydrogen plant soon

September 18, 2022 07:00 AM AEST| By Sonal Goyal

Yara to construct green hydrogen plant in Western Australia soon.

 Downer’s (ASX:DOW) subsidiary receives AU$630M contract

Downer’s (ASX:DOW) subsidiary receives AU$630M contract

September 17, 2022 09:02 AM AEST| By Sonal Goyal

Share price of Downer were in red when the company announced winning a AU$630 million contract.

 Australians must order Christmas presents now: Australia Post

Australians must order Christmas presents now: Australia Post

September 11, 2022 09:00 AM AEST| By Ritwika

Australia Post suggests people to order Christmas gifts now for timely delivery due to labour shortage.

 Australia marches towards net zero, climate change legislation passed

Australia marches towards net zero, climate change legislation passed

September 10, 2022 09:00 AM AEST| By Sonal Goyal

8 September, new climate change bill was passed by the Australian parliament.

 Mercedes-Benz fined AU$12.5M on airbag recall failure

Mercedes-Benz fined AU$12.5M on airbag recall failure

September 04, 2022 12:50 AM AEST| By Sonal Goyal

Mercedes-Benz fined AU$12.5M on airbag recall failure

 Australia lifts migration numbers by 35,000 in FY23

Australia lifts migration numbers by 35,000 in FY23

September 03, 2022 07:00 AM AEST| By Ritwika

Australian home minister declaires to lift the number of permanent migrant workers in the country in FY23.

 How reforms can rejuvenate Australia’s aged care sector

How reforms can rejuvenate Australia’s aged care sector

July 23, 2022 11:00 AM AEST| By Toshiva Jain

Highlights,Nearly 1.3 million Aussies subscribed to aged care services in 2019-2020.,The primary aim of aged care reforms is to provide quality and safe senior care in times of need.,The number of people subscribing to aged care is expected to increa...

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