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Economy
UK’s Trade with EU Drop 23% in Q1 Due to Brexit-Related Disruptions
May 25, 2021 09:45 AM PDT| By Suhita PoddarSummary The UK’s goods trade with EU nations posted a drop of 23 per cent in the first quarter of the year. Exports to Ireland suffered severe hit showing the disruption of Brexit. Trade with non-EU countries dropped by just 0.8 per cent.....
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UK Government Borrowing Hits Second-Highest April On Record
May 25, 2021 08:24 AM PDT| By Team Kalkine MediaSummary According to the institute for fiscal studies, after reaching a record high level of debt due to economic shock after the pandemic, the borrowings have begun to fall. The total debt still remains high, with a debt-to-GDP ratio of 98.5 p.....
What are expectations from RBNZ’s upcoming policy meet?
May 24, 2021 10:32 PM PDT| 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 23, 2021 10:03 PM PDT| 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 23, 2021 07:51 PM PDT| 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 23, 2021 07:26 PM PDT| 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 22, 2021 07:26 AM PDT| 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 21, 2021 08:49 PM PDT| 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 21, 2021 01:00 PM PDT| 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 21, 2021 09:49 AM PDT| 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 21, 2021 07:43 AM PDT| 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 21, 2021 07:05 AM PDT| 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 20, 2021 10:09 PM PDT| 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 20, 2021 07:08 PM PDT| 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 20, 2021 06:35 PM PDT| 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 02:15 AM PDT| 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 02:05 AM PDT| 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 12:32 AM PDT| 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 19, 2021 11:44 PM PDT| 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 19, 2021 11:34 PM PDT| 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...
