Economy


 NSW's $32 Billion Electricity Infrastructure Roadmap Aims to Bolster Economy

NSW's $32 Billion Electricity Infrastructure Roadmap Aims to Bolster...

November 24, 2020 12:05 AM AEDT | By Hina Chowdhary

New South Wales (NSW) has recently unveiled its electricity infrastructure roadmap, designed to shift the energy system towards renewable energy from...

 One Nation Leader Mark Latham Labels NSW’s Energy Roadmap as a “New Tax”

One Nation Leader Mark Latham Labels NSW’s Energy Roadmap as a “New...

November 23, 2020 03:05 PM AEDT | By Team Kalkine Media

Mark Latham, the One Nation leader and the former member of the house of representatives, has slammed the energy roadmap unveiled by the government of...

 Government to decide on planned super contribution increments in May 2021

Government to decide on planned super contribution increments in May...

November 21, 2020 01:38 PM AEDT | By Team Kalkine Media

Superannuation contribution, which is set to increase to 12% from 9.5% by 2025, is facing a tough debate in political circles of Australia. The size o...

 G20 Summit: What are the key agenda points?

G20 Summit: What are the key agenda points?

November 21, 2020 12:22 PM AEDT | By Kunal Sawhney

The exacerbated pandemic situation rampant across the globe has hit the nations with massive economic shocks. Amidst the faltered economic scenario, t...

 Why is South Australia lifting the lockdown earlier than expected?

Why is South Australia lifting the lockdown earlier than expected?

November 20, 2020 05:58 PM AEDT | By Edita Ivancevic

Just two days after the harsh lockdown was announced in South Australia, contact tracers discovered that a pizzeria worker from Adelaide had lied to t...

 Australia retail sales shoot up by record 6.5% in September quarter

Australia retail sales shoot up by record 6.5% in September quarter

November 20, 2020 03:36 PM AEDT | By Team Kalkine Media

On 4 November 2020, the Australian Bureau of Statics released its retail sales report for September 2020. The Australian spending surged by a record...

 Consumer Confidence in Focus Ahead of Christmas Rally

Consumer Confidence in Focus Ahead of Christmas Rally

November 20, 2020 12:47 PM AEDT | By Team Kalkine Media

Consumer confidence is one of the most powerful economic indicators that influences the equity market. When there is high consumer confidence, people...

 How COVID-19 has Impacted Australian Labour & Property Markets?

How COVID-19 has Impacted Australian Labour & Property Markets?

November 19, 2020 02:57 PM AEDT | By Team Kalkine Media

The pandemic has brought along many shocks to the Australian economy, all at once. Severe impacts have been felt in the labour market, property market...

 Regional NSW Property Market Records a Price Surge

Regional NSW Property Market Records a Price Surge

November 18, 2020 08:02 PM AEDT | By Hina Chowdhary

The New South Wales property market has experienced varying effects of the pandemic. The provision of working remotely, under the lockdown restriction...

 Who are the winners and losers in NSW Budget 2020?

Who are the winners and losers in NSW Budget 2020?

November 18, 2020 06:02 PM AEDT | By Edita Ivancevic

NSW Treasurer Dominic Perrottet has announced the state budget for 2020. As expected, the state has faced a large deficit of A$16 billion due to the C...

 What does Big Housing Build mean for Victorians?

What does Big Housing Build mean for Victorians?

November 18, 2020 05:56 PM AEDT | By Edita Ivancevic

It has been a tough year for Victorians. Having spent months within the confines of their homes in one of the world’s strictest lockdowns, peopl...

 New Zealand likely to face grocery shortage; Labour government investigates

New Zealand likely to face grocery shortage; Labour government inves...

November 18, 2020 01:57 PM AEDT | By Hina Chowdhary

As the country navigates through COVID-19 outbreak, New Zealand is now facing another big problem. This time it is about the shortage of food supply n...

 Asia Pacific countries form the world’s largest trade alliance

Asia Pacific countries form the world’s largest trade alliance

November 17, 2020 08:47 PM AEDT | By Kunal Sawhney

Fifteen countries in the Asia-Pacific region have joined hands in the largest free-trade bloc ever witnessed in history. This comes after 8 years of n...

 AGL Energy (ASX:AGL) Beefs up Battery Plan to Increase Grid Reliability Across NEM 

AGL Energy (ASX:AGL) Beefs up Battery Plan to Increase Grid Reliabil...

November 17, 2020 02:50 PM AEDT | By Team Kalkine Media

AGL Energy Limited (ASX:AGL) has unveiled plans to develop a giant grid-scale battery in Adelaide, South Australia. The grid-scale battery would compe...

 RBA says Low interest ‘gravitational pull’ forced it to embrace QE 

RBA says Low interest ‘gravitational pull’ forced it to embrace QE 

November 17, 2020 12:57 PM AEDT | By Team Kalkine Media

Earlier this month, Pfizer gave hope to the world in terms of a medical breakthrough via a vaccine. Now Moderna has also said that its vaccine showed...

 NSW unemployment likely to hit unforeseen levels seen in the last 20 Years

NSW unemployment likely to hit unforeseen levels seen in the last 20...

November 16, 2020 02:45 PM AEDT | By Kunal Sawhney

The Australian unemployment rate was set to reach the 10% mark in December, as predicted before. However, amid pandemic relief measures taken by the c...

 Ipsos Survey reveals Australia’s most liveable city

Ipsos Survey reveals Australia’s most liveable city

November 15, 2020 12:45 AM AEDT | By Hina Chowdhary

In Ipsos Life in Australia 2020 survey, Central and Hills areas have emerged as the most liveable metropolitan locations of Australia. Adelaide has ga...

 COVID-19 juggernaut jolts the fashion industry, big names in hot water

COVID-19 juggernaut jolts the fashion industry, big names in hot wat...

November 15, 2020 12:40 AM AEDT | By Kunal Sawhney

Many Australian brands are joining the couture and focusing on creating a name globally. With pandemic hitting the fashion industry hard, many firms s...

 What does Biden taking the throne mean for US-EU trade relations?

What does Biden taking the throne mean for US-EU trade relations?

November 14, 2020 04:22 AM AEDT | By Hina Chowdhary

With Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the...

 Australians’ consumer sentiment soars to 7-year high as COVID-19 fears fade

Australians’ consumer sentiment soars to 7-year high as COVID-19 fea...

November 12, 2020 01:51 PM AEDT | By Team Kalkine Media

With coronavirus fears on the wane, Australians seem to have grown more confident about the country’s economy as was reflected in November&rsquo...

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