Economy

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&.....

10 Takeaways From The New Zealand Budget 2021
May 20, 2021 03:16 PM AEST| By SonalThe New Zealand government has released its budget for 2021, which it has dubbed as "Wellbeing Budget" because it was established in response to the economic challenges posed by COVID-19. The budget has focussed on benefits and health being the...

What Could Be Focus Areas As Robertson Delivers New Zealand’s Budget Today
May 20, 2021 11:53 AM AEST| By SonalSummary Grant Robertson will unveil NZ’s budget at 2pm on Thursday. Robertson had indicated that this year budget would be a recovery and well-being budget. An increase in benefits including funding for child poverty prevention scheme an.....

Australia’s wage growth shows signs of recovery, but public sector remains fragile
May 20, 2021 11:38 AM AEST| By Team Kalkine MediaThe Australian Wage Price Index, a key indicator to gauge overall health of an economy, grew at a subdued rate in the first three months of the year, even as unemployment rate fell faster than expected. In the January-March quarter of 2021, the Au.....

What To Expect From New Zealand’s Budget 2021?
May 20, 2021 11:32 AM AEST| By RomaSummary What can be expected from Budget 2021? What provisions for healthcare, vaccine, and education is it going to provide? How will Budget 2021 deal with the NZ housing crisis All eyes are fixed on the upcoming Budget announcement toda.....

BofA Joins Amazon, McDonald’s In Raising Minimum Wage
May 20, 2021 05:37 AM AEST| By Team Kalkine MediaBank of America Corporation (NYSE: BAC) is the latest to join corporate America in raising the minimum hourly wages for workers. Amazon.com, Inc. (NASDAQ: AMZN) and McDonald's Corporation (NYSE: MCD) had earlier announced to hike the minimum hourly.....
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An Increase in Energy Prices Doubles UK’s Inflation in April
May 19, 2021 11:27 PM AEST| By AbhijeetUK’s Consumer Price Inflation (CPI) increased to 1.5 per cent in April, more than double to what it was in the previous month of March (0.7 per cent). The surge was primarily driven by an increase in the electricity bills and household gas pr.....

Lloyds Recovery Tracker Records Output Growth Across Sectors
May 19, 2021 07:50 PM AEST| By Suhita PoddarSummary The widespread growth suggests that the UK economic recovery has moved into the fast lane. The tourism and recreation sector’s economic activity grew for the first time in April since August 2020. Going forward, the UK manufactur.....

What do Rising Bond Yields Indicate About the Economy?
May 19, 2021 06:22 PM AEST| By Team Kalkine MediaSummary Bond yields have a significant impact on the economy and the stock markets, with rising bond yields usually indicating a stock market slowdown. Interest rates are inversely linked to bond prices due to the time-honoured tradition of dem.....

Will Hiked Electricity, Gas Prices In March 2021 Quarter Affect New Zealanders?
May 19, 2021 12:17 PM AEST| By SonalSummary Electricity prices experienced a rise in the March quarter of 2021. Gas supply prices rose due to unanticipated production drop at the Pohokura gas field. Electricity prices for residential customers rose 0.4% in the March quarter. .....

Did Colonial Pipeline Attack Drive US Oil Prices Up?
May 19, 2021 11:48 AM AEST| By Team Kalkine MediaSummary US gasoline prices hit a seven-year high of US$3.045 a gallon on Monday. The cyberattack on Colonial Pipeline triggered panic buying of gasoline. Russia-based hackers’ group Darkside had carried out the attack for ransom. Ga.....

What are the Factors Impacting Bond Yields?
May 18, 2021 05:19 PM AEST| By Team Kalkine MediaSummary Rising bond yields are often associated with some pressure in the share market. When interest rates fall, investors may prefer investing in bonds rather than stocks, and bond yields fall. The bond yields rise in case of economic growth.....

Will Women’s Health Be A Priority In NZ’s Budget 2021? 5-Related NZX Stocks- TRU, OCA, TAH, FPH, and GXH
May 18, 2021 03:37 PM AEST| By SonalWith the New Zealand Government due to announce the budget in 2 days, all eyes are set on the areas where investments will be made, and the extent to which, it will fulfil the hopes of Kiwis. In the pre-budget speech on May 4, Finance Minister Grant...

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