Australia budget 2021-2022: Stocks to watch

• May 11, 2021 12:10 PM AEST
• Ashish

Australian Treasurer Josh Frydenberg will present the 2021-22 Federal Budget on Tuesday amid expectations that coronavirus pandemic would force Canberra to shrink its spending. The ‘pandemic budget’, which would be tabled in the lower h...

• May 10, 2021 03:41 PM AEST
• Ashish

Summary The Australian retail sales soared in March and measure of business conditions hit a record high in April, despite the end of the Australian government’s support programme for jobs. The retail turnover surged 1.3% in March from 1....

• May 09, 2021 01:56 PM AEST
• Damini

Against widespread forecasts of the US economy adding about 1 million jobs in April 2021, the latest employment report released by the Labor Department showed that the economy added a disappointing 266,000 jobs last month. The report came as a sur...

• May 07, 2021 05:42 PM AEST
• Team Kalkine Media

Summary The GDP growth is expected to be 4.75% over 2021 and 3.5% over 2022. The unemployment rate is expected to fall further to around 5% by the end of 2021 and 4.5% by mid-2023. Inflation and wages growth are projected to remain below the t...

• May 06, 2021 02:50 PM AEST
• Team Kalkine Media

Summary A man tested positive in Sydney for coronavirus with high viral load and is currently in isolation. NZ Health Authorities are keeping a close watch and are in touch with the Australian Health counterparts. Currently, no changes are bei...

• May 05, 2021 03:48 PM AEST
• Ashish

Summary The number of building approvals rose to the highest level in March, owing to significant rise in apartment commitments. In March, the number of dwellings surged to 17.4%, following a 20.1% increase in February, according to the Austral...

• May 04, 2021 03:31 PM AEST
• Ashish

The Reserve Bank of Australia (RBA) on Tuesday kept both official interest rate and yield target on the three-year bond yield unchanged 0.1%. The RBA, however, upgraded the gross domestic product (GDP) growth scenario, with growth of 4% expected ov...

• May 04, 2021 10:03 AM AEST
• Team Kalkine Media

The Australian share market closed flat with positive bias on Monday as traders were cautious ahead of Reserve Bank of Australia’s (RBI) policy meetings on Tuesday, with a decision expected at 2.30 pm. The ASX200 closed 3 points higher at 7,0...

• May 03, 2021 11:06 AM AEST
• Furquan Moharkan

Summary Global markets are keeping a close watch on India’s rising infections Australia, US, German macro numbers would be the key drivers this week Australia’s RBA is likely to keep its monetary policy unchanged The rally in ...

• April 29, 2021 03:33 PM AEST
• Furquan Moharkan

Summary US Federal Reserve’s dovish tone has triggered a rally in APAC markets. Indian and Thai stocks are best performers. BSE Sensex has reclaimed the historic 50,000-mark The shares in India, Thailand and Hong Kong were the top ...