Economy

Average full-time earnings soared in 2021. Are good days back for Au...

February 24, 2022 07:25 PM AEDT | By Akanksha Vashisht

Australia seems to be in the middle of a widespread economic resurgence as major economic indicators have been showing considerable improvement in rec...

How can Australia’s international border reopening revamp the job ma...

February 24, 2022 04:22 PM AEDT | By Damini

Highlights Australia sees a strong rebound in employment and the beginning of long-awaited wages growth as soon as restrictions got eased. The cou...

Australia records a modest rise in business investment in Dec 2021 Q...

February 24, 2022 04:10 PM AEDT | By Akanksha Vashisht

Highlights Business investment inched higher during the December 2021 quarter, with buildings and structures taking the lead. The private new capi...

Can Russia’s attack on Ukraine impact Canada's economy & trade?

February 24, 2022 04:01 AM AEDT | By Kajal Jain

People around the world have woken up to the news of Russian President Vladimir Putin ordering a “full-scale invasion” of Ukraine —...

Australian Election 2022: AHHA calls for value-based approach to hea...

February 23, 2022 03:44 PM AEDT | By Team Kalkine Media

Highlights AHHA has urged the federal government to consider reforms in the healthcare system. Health policies of Australia have failed to maintai...

Australia sees strong wage growth in December 2021 quarter

February 23, 2022 02:38 PM AEDT | By Akanksha Vashisht

Highlights Wages rose 2.3% annually during the December 2021 quarter. The significant growth in wages can be attributed to the shift in the bargai...

Decoding the World Development Report 2022

February 23, 2022 05:02 AM AEDT | By Toshiva Jain

Highlights The World Bank affirmed the significance of corrected financial measures for an equitable recovery. In the pandemic, economic activitie...

What does Russia-Ukraine conflict mean for world economy?

February 19, 2022 02:00 AM AEDT | By Toshiva Jain

In late January 2022, Russian forces were deployed along the Ukrainian border. Till now, the conflict hasn’t been resolved. While the world econ...

Deciphering the impact of Russia-Ukraine crisis on Australian econom...

February 18, 2022 06:00 PM AEDT | By Akanksha Vashisht

Geopolitical tensions are increasing worldwide, with fears of Russia invading Ukraine looming in the backdrop. Realising that more than two nations mi...

Is Australia facing ‘Great Resignation’ in workforce like the US?

February 18, 2022 01:13 PM AEDT | By Akanksha Vashisht

As news broke out about the US facing the ‘Great Resignation’, businesses across the globe became distressed amidst growing fears of an ec...

International travel data out ahead of border reopening

February 17, 2022 04:53 PM AEDT | By Akanksha Vashisht

Highlights The Australian government has announced the reopening of international borders from 21 February. Visitors from New Zealand formed 40% o...

Unemployment rate shows no change in January 2022

February 17, 2022 02:34 PM AEDT | By Akanksha Vashisht

Highlights As per ABS, the unemployment rate stood at 4.2% in January 2022. The data further reveals that hours worked showed a larger than usual...

How well does the Keynesian framework sit in the Australian economy?

February 17, 2022 02:13 PM AEDT | By Akanksha Vashisht

Highlights A mix of economic frameworks is being followed across nations to tackle crisis-like scenarios. Keynesian economics advocated for greate...

Which global events can influence the Australian economy?

February 16, 2022 03:58 PM AEDT | By Akanksha Vashisht

International developments have always played a crucial role in determining the strength of the Australian economy. The COVID-19 pandemic created a sh...

RBA may hike cash rate in June 2022, says CBA economist

February 16, 2022 02:35 PM AEDT | By Bhawna Gupta

A senior economist at Commonwealth Bank of Australia (ASX:CBA), Gareth Arid has said that the Reserve Bank of Australia (RBA) would begin raising the...