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Economy
What are expectations from RBNZ’s upcoming policy meet?
May 25, 2021 03:32 PM AEST| By SonalSummary RBNZ widely expected to leave the cash rate on hold and upgrade economic forecasts. Economic data has continued to show improvement since the last policy meeting. However, RBNZ likely to keep cautious amid downside risks to growth. .....
Where is the Australian Labour Market Headed?
May 24, 2021 03:03 PM AEST| By Team Kalkine MediaSummary The Australian unemployment rate has dropped to its lowest in a year. Speculations are rife about impending inflation and the shift to normalcy. The ABS has reported an unemployment rate of 5.5% for the month of April 2021, marking a st.....
New Zealand’s Retail spending grows 2.5% in Q1 2021
May 24, 2021 12:51 PM AEST| By SonalSummary The total retail sales volumes (seasonally adjusted) in New Zealand rose 2.5% on quarter in March 2021. Higher retail expenditure on electrical and electronic goods (+8.4%) and recreational goods (+16%) helped in improving overall spend.....
China’s trade restrictions may fall flat as Australia eyes Asia Pacific markets
May 24, 2021 12:26 PM AEST| By Team Kalkine MediaChina is one of the leading iron ore importers for Australia. As trade tensions heighten between the two, Australia could potentially be looking at a huge slump in export revenues if things do not go right. As if the pandemic-induced fall in demand.....
Okotoks Eases Burden of High Upfront Costs in Solar Panel Installation
May 23, 2021 12:26 AM AEST| By Team Kalkine MediaHundred per cent adoption of clean sources in electricity generation is costly. On the macro level, Canada needs to have zero electricity generation from power plants that use coal and coke as fuel. On the micro level, more homes and workplaces shoul...
How Renewable Energy Sources Evolved in The UK Over the Years
May 22, 2021 01:49 PM AEST| By Suhita PoddarSummary The UK’s energy mix has changed drastically over the years and 42% of electricity is now from renewable sources. In the UK, the biggest source of renewable energy is offshore and onshore The renewable energy prices have bee.....
Budget 2021 Aims At Greenhouse Gas Emissions; A glance At 5 NZX Energy Stocks- ZEL, MEL, MCY, TPW, TLT
May 22, 2021 06:00 AM AEST| By SonalSummary The New Zealand government has set out new funds and policies in budget 2021 to reduce the country’s GHG emissions. Budget has revealed the government’s plans to make investments in rail, EVs, and agriculture for greener pra.....
Did the end of Jobseeker Subsidy really Impact Unemployment in Australia?
May 22, 2021 02:49 AM AEST| By Team Kalkine MediaSummary The Australian Unemployment rate has fallen to 5.5% as per the Australian Bureau of Statistics. The current statistic is slightly above the pace at the start of the COVID-19. The federal budget, presented last week, included a plan to i.....
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UK retail sales see record jump in April 2021 as consumers flock for shopping
May 22, 2021 12:43 AM AEST| By AbhijeetSummary UK retail sales recorded sharpest growth on record in April 2021 Easements have cumulatively assisted in driving the retail sales Clothing and footwear provided the biggest upward contribution to the net sales a drop was seen in onlin.....
How Green Mortgages Can Revolutionise Energy Efficiency in the UK
May 22, 2021 12:05 AM AEST| By Suhita PoddarSummary UK’s climate goals will increasingly depend on how it can address heating and insulation inefficiencies in the housing sector. The government’s Ten Point Plan for Green Industrial Revolution points out green mortgages and en.....
Would New Zealand’s Budget Open Doors For More Employment In The Country?
May 21, 2021 03:09 PM AEST| By ManikaSummary Unemployment numbers still not that high in New Zealand Economic revival will boost employment. With focus on higher training for Kiwis, government revived the Training Incentive Allowance. The New Zealand Budget 2021 was mainl...
Budget 2021: What Is On the Horizon For New Zealand’s SMEs?
May 21, 2021 12:08 PM AEST| By Team Kalkine MediaSummary With the emergence of numerous technological innovations during the coronavirus pandemic, SMEs to scale up their digitalisation process. Budget 2021 announces ‘The Digital Boost Training Programme’. The programme aims at au.....
Would Budget 2021 Restore Vigour In New Zealand Property Market?
May 21, 2021 11:35 AM AEST| By SonalSummary House prices are anticipated to slow down in the coming years. A fall in expected house price growth could hinder the economic growth of New Zealand. Maori housing gets a budget boost. New Zealand has been struggling with relentle.....
Why Is The Budget 2021 A Crucial One?
May 20, 2021 07:15 PM AEST| By ManikaSummary Budget 2021 was crucial for NZ It had to strike a fine balance between the country’s recovery from COVID-19’s ill effects and development. Focus on social investments will help in removing inequities. Federal Budget 20.....
Budget 2021: What Is In There For Pandemic Hit Sectors?
May 20, 2021 07:05 PM AEST| By RomaSummary Budget 2021 has been termed as a COVID-19 recovery budget keeping country safe and health the main plans of Budget Have a look at the various provisions made by the government to achieve the same. The much-anticipated Budget for 2.....
Budget 2021: Is A Stronger-Than-Expected Economic Recovery Ahead for New Zealand?
May 20, 2021 05:32 PM AEST| By SonalNew Zealand has just delivered a well-being Budget for 2021. The budget represented the government’s plans on economic recovery of the country and a strategic approach for the future. This involved solving challenges arising from COVID-19, rebu...
Budget 2021: Women & children: What’s In Store For Them?
May 20, 2021 04:44 PM AEST| By RomaSummary How has the 2021 budget treated women and children? What kind of welfare programs have been announced to help them? Are these plans actually feasible and provide actual benefit to women and children? The much-awaited 2021 New Zeal.....
Which New Zealand Sectors Are The Biggest Winners in Federal Budget 2021?
May 20, 2021 04:34 PM AEST| By Team Kalkine MediaSummary New Zealand’s Welfare Budget 2021 unveiled by the Finance Minister. Māori housing and child welfare appear to have benefitted majorly from the new Budget. Health and education also noted major funding in Budget 2021. New Ze...
NZ’s Economic Recovery On Track, Budget To Give it a Booster Dose
May 20, 2021 04:22 PM AEST| By ManikaSummary New Zealand’s economic growth expected to peak at 4.4% in 2023. Unemployment to decrease to 4.2% from the current levels with 221,000 more jobs on the cards by 2023. Deficit to fall from 5.3% of GDP in 2022 to 0.6% by the end of .....
Victoria rolls out budget, to pump billions in the healthcare space
May 20, 2021 03:51 PM AEST| By Furquan MoharkanThe healthcare space has come out as priority in the Victoria’s provincial budget for 2021-22, as the COVID-19 pandemic exposed the fault lines in the global healthcare system. Price is Less albeit Opportunities are&.....
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