Economy

Australia at risk of next wave of infections, Victoria announced $534m business support package
July 11, 2020 01:31 PM AEST| By Team Kalkine MediaSummary Victoria announced $534 million support package for affected businesses by Melbourne’s 6-week lockdown. Package includes funds for hospitality, tourism, mental health and small companies to ensure the survival of these businesses .....

Australia Covid-19 restrictions, What is allowed and what is not
July 09, 2020 07:12 PM AEST| By Team Kalkine MediaSummary Amid the rising number of new cases in the Victoria state, stage 3 lockdown restrictions to stay at home has been in force from 8 July to 19 August 2020. The stock market dipped after Victoria lockdown announcement on Tuesday; however t.....

Coronavirus Spikes Canada’s Fiscal Deficit To C$ 343.2 Billion; Markets Tread Cautiously
July 09, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Canada’s fiscal deficit soared to C$ 343.2 billion or nearly 16% of the economic output as the spending on coronavirus-related programs went up Much of the COVID support will be financed through new C$ 409 billion bond programs M.....

Has the Sports industry dodged the COVID-19 Ball?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary The Covid-19 related restrictions have impacted all kinds of sports, and major events such as Olympics and Paralympics have been postponed Australia's National Cabinet has released National Principles for the Resumption of Sport and Rec.....

First in the league: Australia's Green Bond Fund in Ethical Investment Market
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Clean Energy Finance Corporation (CEFC) has pledged to put in at least $70 million to a fund of green bonds that are first of a kind in Australia. The practice of adopting ESG framework has been rising while making any investment decisi.....

Housing values fall and auction rates go lower as pandemic fears hang around
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary As per the latest report, auction volumes have dropped, and clearance rates have stayed bleak due to rising coronavirus cases, and school holidays that have drawn upon the housing market. A preliminary clearance rate of 65.1% was record.....

How Volatility in Global Stock Markets is Helping Gold Prices?
May 16, 2020 05:50 PM AEST| By Team Kalkine MediaGold is traditionally considered by investors as a safe investment, especially during a time of recession with high risks of inflation and exchange rates depreciating. The current price of gold is indicated in terms of currency. And the current price...

Learn the art of investing during a bear market - Warren Buffet’s style
April 19, 2020 02:29 AM AEST| By Hina ChowdharyThe investors seem to struggling and looking for safer and attractive bets to smoothly glide through the vexing roller coaster ride of the stock market volatility. The businesses are bedevilled by the marring impact of the coronavirus that has shoved...

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