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Economy
Australia’s unemployment rate stays steady at 3.5%: ABS
October 22, 2022 07:00 AM AEDT| By Khushboo JoshiEven after the creation of 900 additional jobs in September, the unemployment rate remained at 3.5% for the month in Australia.
Australia announces action plan to halt species extinction crisis
October 16, 2022 12:00 PM AEDT| By Team Kalkine MediaHighlights:,Australian government releases a 10-year plan to prevent endangered species extinction.,The list of endangered Australian wildlife now has 110 species, with an addition of 10 new ones.,According to the Australian government, this action p...
EVs account for only 3.39% of new vehicle sales in Australia: Report
October 16, 2022 12:00 PM AEDT| By RitwikaA recent report by the Electric Vehicle Council states only 3.9% of total vehicle sales comprised of EVs. Australia is lagging compared to other countries in terms of uptake of Electric Vehicles.
Wheat cultivation rapidly falls due to global warming: Study
October 16, 2022 07:00 AM AEDT| By RitwikaWheat cultivation rapidly falls due to global warming says study
Australia’s retail power bills to rise by 35% next year?
October 15, 2022 02:00 PM AEDT| By Team Kalkine MediaIn a recently held energy and climate summit, it was highlighted that Australia’s retail power bills might increase by 35% next year.
Australia’s digital wellbeing ranking drops: Research
October 15, 2022 10:00 AM AEDT| By Sonal GoyalAustralia’s digital wellbeing ranking drops from 17 to 35 position according to a research
Brookfield Business Partners inks deal to sell Westinghouse; check details
October 13, 2022 12:56 PM AEDT| By Team Kalkine MediaBrookfield 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
October 09, 2022 12:00 PM AEDT| By Team Kalkine MediaThe 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
October 09, 2022 06:00 AM AEDT| By RitwikaAs 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
October 08, 2022 08:00 AM AEDT| By Khushboo JoshiNYSE-listed Endava has acquired Australian digital solutions firm, Lexicon.
Housing loan commitments decline 3.4% in August: ABS
October 05, 2022 01:31 PM AEDT| By Team Kalkine MediaAustralian 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
October 03, 2022 12:00 PM AEDT| By Sonal GoyalShares of Telstra and TPG dropped after ACCC questioned the proposed agreement between the parties.
Australia to impose enhanced data protection law this year
October 03, 2022 11:00 AM AEDT| By RitwikaAustralia to impose enhanced data protection law this year.
Average rent in Australia rises 13.8% in a year, research finds
October 03, 2022 09:00 AM AEDT| By Sonal GoyalHousing 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
October 02, 2022 09:00 AM AEDT| By Sonal GoyalLeading 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
October 01, 2022 12:00 PM AEST| By RitwikaDiageo acquires renowned coffee brand, Mr Black
Here are Australia’s most ambitious renewable energy storage targets
October 01, 2022 12:10 AM AEST| By Team Kalkine MediaAndrews 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
September 25, 2022 12:00 PM AEST| By RitwikaAustralia declares to contribute AU$266 million to Global Fund to fight against AIDS, Tuberculosis and Malaria.
Yara to construct green hydrogen plant soon
September 18, 2022 07:00 AM AEST| By Sonal GoyalYara to construct green hydrogen plant in Western Australia soon.
Downer’s (ASX:DOW) subsidiary receives AU$630M contract
September 17, 2022 09:02 AM AEST| By Sonal GoyalShare price of Downer were in red when the company announced winning a AU$630 million contract.
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