Economy


 Australian Government Invests $9.6 Million in Revolutionary Sunman Solar Technology 

Australian Government Invests $9.6 Million in Revolutionary Sunman S...

November 11, 2020 02:11 PM AEDT | By Kunal Sawhney

Undoubtedly, the future belongs to renewable energy, as the world looks toward more sustainable ways of living without harming the environment. That s...

 Electric Vehicle Council at loggerheads with South Australia government’s new EV tax 

Electric Vehicle Council at loggerheads with South Australia governm...

November 11, 2020 01:41 PM AEDT | By Team Kalkine Media

The South Australia Liberal government has shocked the country as probably the only jurisdiction on the planet to impose a tax on electric vehicle use...

 Australia-China Trade Relations Worsen; Are the Aussies Staring Down the Barrel?

Australia-China Trade Relations Worsen; Are the Aussies Staring Down...

November 07, 2020 04:18 AM AEDT | By Kunal Sawhney

Amid growing virus-spat and economic and political heat between Australia and China, Australian exports have suffered considerably. Industries affecte...

 A Walk Through European EV market: How Government Subsidies & Cost-Effective Models Pushing Demand?

A Walk Through European EV market: How Government Subsidies & Cost-E...

November 07, 2020 04:09 AM AEDT | By Hina Chowdhary

The mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dism...

 RBA cuts rates and declares $100 billion bond-buying plan

RBA cuts rates and declares $100 billion bond-buying plan

November 04, 2020 01:15 PM AEDT | By Kunal Sawhney

Reserve Bank of Australia (RBA) yesterday announced a set of measures to aid the economic recovery in the monetary policy meeting. The bank has now of...

 Commonwealth Bank Of Australia (ASX:CBA) Cuts Fixed Rate Mortgages & Business Loans, Variable Rates Unchanged

Commonwealth Bank Of Australia (ASX:CBA) Cuts Fixed Rate Mortgages &...

November 04, 2020 12:30 PM AEDT | By Team Kalkine Media

The Commonwealth Bank of Australia (ASX:CBA) is the first big bank to slash home loan interest rates in the wake of the RBA slashing official rates to...

 Why is PM Scott Morrison’s decision on Christine Holgate dubbed “double standard”?

Why is PM Scott Morrison’s decision on Christine Holgate dubbed “dou...

November 03, 2020 05:50 PM AEDT | By Team Kalkine Media

Australia Post CEO Christine Holgate has stepped down from her post after allegations of misuse of taxpayers’ money. Holgate’s decision co...

 How is the market poised ahead of RBA meet?

How is the market poised ahead of RBA meet?

November 03, 2020 01:55 PM AEDT | By Team Kalkine Media

The Reserve Bank of Australia (RBA) is set to announce monetary policy decision later today. The top brass at the bank have been continuously quashing...

 RBA Throws Its Hat into The Digital Currency Ring

RBA Throws Its Hat into The Digital Currency Ring

November 02, 2020 04:06 PM AEDT | By Team Kalkine Media

On 2 November 2020, Reserve Bank of Australia announced that it is collaborating with Commonwealth Bank (ASX:CBA), National Australia Bank (ASX:NAB),...

 House prices rise for the first time since COVID-19, CoreLogic Index Back in Green

House prices rise for the first time since COVID-19, CoreLogic Index...

November 02, 2020 02:18 PM AEDT | By Team Kalkine Media

The property market seems to be recovering from the impact of the coronavirus pandemic-induced downturn. For the first time since the onset of COVID-1...

 Australian Economic Recovery Witnesses Robust Demand in Essential Services Sectors

Australian Economic Recovery Witnesses Robust Demand in Essential Se...

November 01, 2020 01:54 AM AEDT | By Kunal Sawhney

The path to economic recovery is not an easy one for Australia or for any country for that matter. As there is no treatment available for coronavirus...

 Is Cash rate to fall further in November? A pain point for retirees

Is Cash rate to fall further in November? A pain point for retirees

October 31, 2020 01:50 AM AEDT | By Kunal Sawhney

Speculations are rife about further cash rate cuts by the RBA. The anticipation is a sigh of relief for mortgage loan borrowers and consumers, while t...

 RBA releases brand new 100 dollar note into circulation

RBA releases brand new 100 dollar note into circulation

October 30, 2020 03:13 PM AEDT | By Team Kalkine Media

As part of the Next Generation Banknote program, the Reserve Bank of Australia released the new $100 banknote into general circulation on 29 October 2...

 ATO Warns Companies Denting Stimulus Spirit to Pay High Dividends & Executive Bonuses

ATO Warns Companies Denting Stimulus Spirit to Pay High Dividends &...

October 30, 2020 02:59 PM AEDT | By Team Kalkine Media

The Australian Taxation Office (ATO) has warned companies against using loopholes to exploit tax concessions. While delivering a speech on Thursday, t...

 CPI Rises 1.6% in Q3 2020 as Free Childcare Policy Ends, Fuel Prices rise

CPI Rises 1.6% in Q3 2020 as Free Childcare Policy Ends, Fuel Prices...

October 28, 2020 03:19 PM AEDT | By Team Kalkine Media

Following the conclusion of free childcare programin mid-July 2020, Australia’s Consumer Price Index (CPI) has marked an uptick of 1.6 per cent...

 ASX Retail companies set to embrace softer restrictions in Victoria

ASX Retail companies set to embrace softer restrictions in Victoria

October 27, 2020 05:54 PM AEDT | By Team Kalkine Media

Victoria has been under hard lockdown restrictions for the second time since early July this year. Melbourne, the state’s capital, is an economi...

 Does RBA rate cut in November seem inevitable now?

Does RBA rate cut in November seem inevitable now?

October 26, 2020 07:32 PM AEDT | By Team Kalkine Media

The coronavirus pandemic has made a deep cut in the financial robustness of the economies and businesses. By now, it has been made clear by the centra...

 RBA Cash Rate Decision Under the Spotlight

RBA Cash Rate Decision Under the Spotlight

October 24, 2020 05:33 PM AEDT | By Team Kalkine Media

The RBA is expected to hold its next monetary policy meet on 3 November. Till then speculations persist on whether interest rates will be cut down to...

 Australia Marks Gradual Virus Control, Set to Fly Back Increasing Number of Stranded Citizens

Australia Marks Gradual Virus Control, Set to Fly Back Increasing Nu...

October 24, 2020 05:05 AM AEDT | By Team Kalkine Media

Australian Prime Minister Scott Morrison announced the much-awaited news on Friday that the country will slightly lift the cap on the number of citize...

 Australian energy prices plummet to a six-year low in National Electricity Market

Australian energy prices plummet to a six-year low in National Elect...

October 22, 2020 05:22 PM AEDT | By Team Kalkine Media

The Australian Energy Market Operator (AEMO) released the Quarterly Energy Dynamics (QED) report for Q3 ending on 30 September 2020, outlining the ele...

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