Economy


 RBA Minutes reveal an optimistic stance on economic recovery  

RBA Minutes reveal an optimistic stance on economic recovery  

April 20, 2021 01:37 PM AEST| By Furquan Moharkan

The Reserve Bank of Australia seems to have struck a bullish note on the economic recovery in the country, as revealed by the minutes of April 6 Monetary Policy Meeting of its Board released today. As per the RBA minutes, Australia is expected to co...

 Canada’s 'Feminist' Budget 2021: What's In Store For Women?

Canada’s 'Feminist' Budget 2021: What's In Store For Women?

April 20, 2021 10:45 AM AEST| By Shreya Biswas

Source: Shutterstock A little over a month ago, while celebrating International Women’s Day, Canada had unveiled an all-female task force that was meant to ensure that the 2021 federal budget remembered women and addressed gender inequality. C...

 Snapshot: Canadian Federal Budget 2021 & Its Key Allocations

Snapshot: Canadian Federal Budget 2021 & Its Key Allocations

April 20, 2021 09:25 AM AEST| By Anuj

Source:Saklakova, Shutterstock The Canadian government tabled its expenditure plans on Monday evening to fight against the COVID-19 pandemic and reenergize the economy amid a coronavirus crisis. As projected by some analysts, Liberals’ federal...

 Canada Pours C$101.4-billion, Stacks Up Historic Fiscal Deficit

Canada Pours C$101.4-billion, Stacks Up Historic Fiscal Deficit

April 20, 2021 07:54 AM AEST| By Ipsita Sarkar

Source:vintagetone, Shutterstock With snap polls in mind, the federal government’s first budget in two years poured another C$101.4-billion pandemic stimulus to chart out an economic course for pandemic-hit Canada. The fiscal deficit for 2020-...

 Canada Budget 2021: The ‘Record Debt’ COVID-19 Recovery May Bring On

Canada Budget 2021: The ‘Record Debt’ COVID-19 Recovery May Bring On

April 20, 2021 02:16 AM AEST| By Shreya Biswas

Source: Phongphan, Shutterstock Set with an eye on post-pandemic recovery and a possible election, Prime Minister Justin Trudeau’s upcoming 2021 federal budget is set to go big on spending. The Trudeau government is expected to inject a...

 Bank of England Institutes CBDC Taskforce: 10 Things You Should Know

Bank of England Institutes CBDC Taskforce: 10 Things You Should Know

April 20, 2021 12:38 AM AEST| By Abhijeet

Jon Cunliffe, Deputy Governor for Financial Stability, will be co-chairing the CBDC Taskforce Following the growing usage, trade and exchange of cryptocurrencies and several other digitally-formulated units of exchange, the central banks around...

 COVID-19 Budget 2021: Economic Recovery & Pandemic Support On Cards  

COVID-19 Budget 2021: Economic Recovery & Pandemic Support On Cards  

April 20, 2021 12:30 AM AEST| By Team Kalkine Media

Source: Andrii Vodolazhskyi, Shutterstock Summary Finance Minister Chrystia Freeland had last year indicated that the government will do its best to support Canadians. Ever since the outbreak of the pandemic, more than 3 million people lost th...

 Will Canada Budget 2021 Limit CEWS Misappropriation?

Will Canada Budget 2021 Limit CEWS Misappropriation?

April 19, 2021 10:59 PM AEST| By Team Kalkine Media

Source: Tero Vesalainen, Shutterstock Ahead of Canada’s budget 2021, reports of big corporations unethically benefitting from the Canada Emergency Wage Subsidy (CEWS), one of government’s flagship pandemic-relief schemes, are doing the r...

 3 Taxes Likely To Be A Part of Canadian Federal Budget 2021

3 Taxes Likely To Be A Part of Canadian Federal Budget 2021

April 19, 2021 09:39 PM AEST| By Team Kalkine Media

© Kalkine Image 2021 Finance Minister Chrystia Freeland pledged up to C$100 billion stimulus in the Fall Economic Statement 2020. The figure will be injected over the next three years. The big question is, how will the federal government accumu...

 Why Canada’s 2021 Federal Budget Is So Important

Why Canada’s 2021 Federal Budget Is So Important

April 18, 2021 05:53 PM AEST| By Shreya Biswas

Source: wutzkohphoto, Shutterstock Canada is set to table its 2021 federal budget on Monday, April 19, in the midst of a third wave of COVID-19. While a pandemic-focused stimulus package is widely expected from this budget, green initiatives and job...

 Record properties sold in March, S&P expects NZ house prices to drop

Record properties sold in March, S&P expects NZ house prices to drop

April 17, 2021 06:00 AM AEST| By Team Kalkine Media

Source: 89stocker, Shutterstock Summary The highest number of properties were sold in March. The NZ government announced many measures to fix housing crisis. S&P Global expects the NZ house prices to fall. Latest REINZ statistics for...

 Why legalising betting is good for any country?

Why legalising betting is good for any country?

April 17, 2021 05:10 AM AEST| By Furquan Moharkan

Source: Wpadington, Shutterstock Late in 2017, I was having dinner with a senior official from one of the multinational organisations. The official was from Netherlands and we were discussing everything under the sun. Suddenly I popped up a questio...

 Melbourne housing market on fire, median price crosses record AU$1 million mark

Melbourne housing market on fire, median price crosses record AU$1 million mark

April 16, 2021 04:00 PM AEST| By Furquan Moharkan

Representative Image. © Dechev | Megapixl.com The housing market in Victoria’s capital city Melbourne has shattered records in the first quarter of 2021, on the back of stimulus packages rolled out by the government. Clocking one of the...

 Stats NZ: Businesses to carry out R&D despite COVID-19

Stats NZ: Businesses to carry out R&D despite COVID-19

April 16, 2021 12:32 PM AEST| By Team Kalkine Media

Source: SmartPhotoLab, Shutterstock Summary Research and development activity is expected to stay steady in the future despite COVID-19. 41% businesses have planned to increase their R&D spend over the next financial year. COVID-19 caused...

 Canada 2021 Budget: Will Freeland Go Big On COVID 3.0 Spending?

Canada 2021 Budget: Will Freeland Go Big On COVID 3.0 Spending?

April 15, 2021 09:29 PM AEST| By Shreya Biswas

Source: wutzkohphoto, Shutterstock With the number of COVID-19 infections rising, the Canadian government is likely to stand on its promise to go big on spending when it tables its first budget in two years on Monday, April 19. Another factor that...

 Australia’s unemployment sinks further in March; what it means for economy

Australia’s unemployment sinks further in March; what it means for economy

April 15, 2021 02:57 PM AEST| By Ashish

Source: Patrick Thomas, Shutterstock Summary Australia‘s unemployment rate continued its decline in the month of March, falling from 5.8% to 5.6%. The hours worked stood higher than that in March 2020, for the first time during the COVID...

 Why RBNZ left OCR unchanged in its monitory policy meet

Why RBNZ left OCR unchanged in its monitory policy meet

April 14, 2021 04:26 PM AEST| By Team Kalkine Media

Source: PIC SNIPE, Shutterstock Summary RBNZ left its OCR unchanged at 0.25% on Wednesday. The bank’s LSAP and FLP programmes will also continue to operate under existing conditions. It plans to keep monetary policy settings loose until...

 Exports of Goods to The EU Recover in February From Sharp Fall of Previous Month

Exports of Goods to The EU Recover in February From Sharp Fall of Previous Month

April 13, 2021 10:35 PM AEST| By Suhita Poddar

Source: MOLPIX, Shutterstock Summary UK’s exports of goods, other than non-monetary gold and other valuable metals, to the EU increased by 46.6 per cent Nation’s total exports of goods (other than non-monetary gold and other precio...

 FTSE 100, GBP Struggle as Feb 21 GDP Stays Well Below Oct 20 Peak

FTSE 100, GBP Struggle as Feb 21 GDP Stays Well Below Oct 20 Peak

April 13, 2021 10:25 PM AEST| By Abhijeet

ctober’s reading GBP slipped into negative territory against the US counterpart   UK shares traded range bound, largely in the negative territory in the early afternoon deals on Tuesday, 13 April, after the February 2021 UK GDP read...

 Canada Federal Budget 2021: Will The Trudeau Govt Impose These Taxes?

Canada Federal Budget 2021: Will The Trudeau Govt Impose These Taxes?

April 13, 2021 09:50 PM AEST| By Team Kalkine Media

Source: Natee Meepian, Shutterstock Summary Canada's Finance Minister Chrystia Freeland is all set to present the country's 2021 Federal Budget next Monday, April 19. Coming after a two-year gap since March 2019, the government is expected to...

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