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Economy
Federal election 2022: Key differences between policies of Liberal & Labor
May 21, 2022 11:04 PM AEST| By Bhawna GuptaHighlights The Federal Election 2022 begins with Australians flocking to polling stations across the country. Scott Morrison and Anthony Albanese are vying to be Australia's next prime minister in the election. In various electoral policies, r.....
Australia Federal Election 2022 begins- close contest between Labor and Coalition?
May 21, 2022 11:47 AM AEST| By SukritiHighlights Australia Federal Election 2022 begins as citizens head to polling centers in their state/ territory. The election gets Scott Morrison and Anthony Albanese fight the battle to be Australia’s next prime minister. The charmed nu.....
Discussing five key issues in 2022 Australian federal election
May 20, 2022 02:35 PM AEST| By Akanksha VashishtHighlights Campaigning leaders have made sure they leave no stone unturned in addressing key socioeconomic issues. Some of the key areas being addressed by parties are climate change, housing prices, and corruption. Australians are affected by.....
Budget 2022: What would be the top 3 focus areas in Thursday’s announcement?
May 19, 2022 10:35 PM AEST| By SonalHighlights Grant Robertson will unveil his fifth budget on 19 May. Health and climate change are to be the top priority areas of the budget. Kiwis are expecting some steps to be announced regarding the cost of living. Grant Robertson will.....
Does Budget 2022 addresses cost-of-living crisis in NZ?
May 19, 2022 05:13 PM AEST| By ManikaHighlights FM Grant Robertson in his Budget speech expressed concern over the high cost of living Announced several measures to support low-income groups The Cost of Living allowance of NZ$27 per week for low-income earners Budget 2022 ha.....
NZ Budget 2022: Key spending areas in a nutshell
May 19, 2022 03:13 PM AEST| By ManikaHighlights Healthcare takes centerstage in Budget 2022 FM Robertson is of the view that the healthcare is fragmented and unequal in NZ The largest-ever investment of NZ$11 billion has been planned for this sector Finance Minister Grant Ro.....
Australia's unemployment rate at 50-year low, dips below 4%
May 19, 2022 02:42 PM AEST| By Akanksha Vashishttightening. The tightening Australian labour market has found one more reason to rejoice. The latest labour force data by the Australian Bureau of Statistics (ABS) reveals that the unemployment rate has dipped further in April 2022. The unemploy...
Will Morrison's home buying scheme send house prices soaring?
May 19, 2022 11:23 AM AEST| By Akanksha VashishtHighlights PM Morrison’s proposed Super Home Buyer Scheme will allow Australians to utilise their super funds to pay for a house. Experts claim that the scheme would further push up property prices by fuelling the housing market with supe.....
AIA, AIR, SKO: 3 NZX stocks to eye as travel starts to recover
May 18, 2022 03:36 PM AEST| By Manika9 pandemic. Serko Limited (NZX:SKO) SKO is a corporate travel technology company that announced its full-year results today. It said that it was stepping up its investment as it was expecting a big travel recovery after three years of losses....
Much-awaited wages data out: What to expect from RBA next month?
May 18, 2022 02:09 PM AEST| By Akanksha VashishtHighlights The latest data from the Australian Bureau of Statistics (ABS) reveals that wages have risen 0.7% in the March 2022 quarter. PM Morrison claims that a decent rise in wages could be harmful to the economy, fuelling speculations of hig.....
How do high interest rates bring down inflation?
May 18, 2022 01:59 PM AEST| By Akanksha VashishtHighlights Inflation eats away at the value of money and reduces the overall economic progress made over time. Interest rates are key economic tools used by central bankers to weaken or, in some cases, accelerate inflation. Central banks aim f.....
Is NZ’s Budget 2022 going to be a `Well-Being’ one?
May 18, 2022 12:50 PM AEST| By ManikaHighlights The NZ Federal Budget for 2022 has been positioned as a `Well-Being’ Budget The Finance Minister faces a tough challenge to bring together a Budget when inflation is at a new high Due to many challenges, the FM will have to do.....
RBA minutes: What is central bank’s stance on future interest rate hikes?
May 17, 2022 03:08 PM AEST| By Akanksha VashishtHighlights The RBA has recently released the monetary policy minutes for its May meeting. The central bank raised the cash rate by 25 basis points to 0.35% in the monetary policy meeting. The labour market provides much-required strength to th.....
Why has wage hike become a hot topic ahead of Australian election?
May 17, 2022 01:46 PM AEST| By Akanksha VashishtHighlights Wages are a highly influential aspect during elections, prompting most leaders to advocate for a hike in wages. PM Scott Morrison’s latest statement that a decent wage hike could be harmful to the domestic economy has sparked v.....
How do US inflation figures impact Australians?
May 17, 2022 01:42 PM AEST| By Akanksha VashishtHighlights Australians face threat of rising inflation in the US, much like many economies. US dollar is a threshold currency for many countries, which cements its power in the global economy. Imports from the US would get more expensive, and .....
How deep is Australia's rental crisis? Will it have an impact on elections?
May 17, 2022 12:04 PM AEST| By Akanksha VashishtHighlights With soaring house prices, many homebuyers are not able to finance their ideal house. The ABS data showed that rents across Sydney and Melbourne rose marginally in the March 2022 quarter. Campaigning parties have promised funds to b.....
Why are millions of Aussies voting before election day?
May 16, 2022 04:29 PM AEST| By Manishagovernment. The 2022 federal election is scheduled for Saturday, 21 May 2022. But are you worried about your unavailability to cast your vote on the election day? The Australian Electoral Commission (AEC) has a way out as Australians have an opt...
Unravelling the role of women in making Aussie fashion industry a success
May 15, 2022 12:20 AM AEST| By Manishaal economy. We often discuss how fashion brings about a transformational change in women’s outlook, but what is not talked about is how women are pulling the strings in making the fashion industry successful. Women are at the heart of Aust...
What are the challenges facing Australia’s medical workforce crisis?
May 15, 2022 12:00 AM AEST| By Aditi SarkarHighlights The COVID-19 pandemic has accentuated the Australian healthcare workforce crisis. Go8 has urged that the upcoming government must bolster the medical workforce of Australia Australia requires at least an additional 1,000 domestic gr...
Political unrest in Sri Lanka amid rising economic turmoil
May 14, 2022 12:00 AM AEST| By Toshiva JainHighlights Several economists have said that the main problem behind Sri Lanka’s current situation is economic mismanagement. Hundreds have been injured in protests; few have even died including a ruling party MP. After Mahinda Rajapaksa...
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