Economy


 Is Australia ready for the JobSeeker cord being pulled? 

Is Australia ready for the JobSeeker cord being pulled? 

September 15, 2020 11:06 PM AEST | By Team Kalkine Media

The Australian government had launched wage subsidy programmes to counter rising unemployment, which occurred due to widespread shutdown of businesses...

 5 Steps Australia should take as the business re-opens across Victoria

5 Steps Australia should take as the business re-opens across Victor...

September 14, 2020 11:11 PM AEST | By Edita Ivancevic

Victoria imposed strict movement restrictions at the beginning of July this year, which will now be relaxed post-midnight of 14 September, after six w...

 Read What’s Happening Inside Australian Travel Industry!

Read What’s Happening Inside Australian Travel Industry!

September 12, 2020 12:30 PM AEST | By Team Kalkine Media

State border closures and Victoria’s extended lockdown are threatening Australia’s travel industry like never before. The full recovery se...

 New Zealand’s 2-year bond yield enters negative territory for the first time: Impact on the larger economy

New Zealand’s 2-year bond yield enters negative territory for the fi...

September 11, 2020 05:36 PM AEST | By Team Kalkine Media

New Zealand has been leading the world in battling coronavirus. The country has been applauded globally for its effective control on coronavirus by im...

 Morrison government revamped rules lets one take a dip into JobKeeper and JobSeeker dole outs

Morrison government revamped rules lets one take a dip into JobKeepe...

September 11, 2020 02:27 PM AEST | By Team Kalkine Media

JobKeeper and JobSeeker subsidies by the Australian government came to the rescue of more than 2.2 million people from falling into poverty as million...

 Westpac-MI consumer sentiment index rebounds 18% in September

Westpac-MI consumer sentiment index rebounds 18% in September

September 09, 2020 11:00 PM AEST | By Team Kalkine Media

The Westpac-Melbourne Institute Index of Consumer Sentiment soared 18% from 79.5 in August to 93.8 in September. The index is at present just 1.6% bel...

 Queensland announces tax relief for SMEs with Australia planning more tax cuts ahead

Queensland announces tax relief for SMEs with Australia planning mor...

September 08, 2020 12:00 AM AEST | By Team Kalkine Media

The Government of Queensland has planned on giving an extra $249 million from the current subsidy in coronavirus related tax relief to small and mediu...

 Sneak Peek at What’s Latest in Travel Space!

Sneak Peek at What’s Latest in Travel Space!

September 06, 2020 03:00 AM AEST | By Team Kalkine Media

Unfurling as a major health and financial crisis, COVID-19 crisis initially brought the thriving Australian travel industry to a grinding halt. At the...

 How can Australia be impacted by China’s ban on Australia’s biggest grain exporter?

How can Australia be impacted by China’s ban on Australia’s biggest...

September 04, 2020 07:49 PM AEST | By Team Kalkine Media

Australian exporters can strongly feel the heat of the bilateral tensions as China continues to intimidate the trade scenario by levying obstacles and...

 Australia in recession for the first time in Three Decades; Are There Any Emerging Green Shoots?

Australia in recession for the first time in Three Decades; Are Ther...

September 04, 2020 04:04 PM AEST | By Edita Ivancevic

Australia has officially entered a financial recession due to the impact of the coronavirus pandemic. The prosperity had lasted for almost 30 years, o...

 What next in Property Space: House prices tumbled 0.4 per cent in August

What next in Property Space: House prices tumbled 0.4 per cent in Au...

September 03, 2020 04:22 PM AEST | By Team Kalkine Media

Australian property space is currently witnessing an obscured outlook, eclipsed by the COVID-19 induced uncertainty. The headwinds challenging high-pr...

 All you need to know about JobKeeper Payment scheme

All you need to know about JobKeeper Payment scheme

September 02, 2020 09:13 PM AEST | By Team Kalkine Media

After the devastating effect that coronavirus had on world economies, governments around the globe needed to find a solution to keep people in jobs. A...

 Australian Gross Domestic Product Slides 7%, Recession Bells Ringing?

Australian Gross Domestic Product Slides 7%, Recession Bells Ringing...

September 02, 2020 08:03 PM AEST | By Team Kalkine Media

Australia suffered its worst economic downturn on record last quarter. Latest figures on National Income, Expenditure and Product were released by the...

 Second-hand car market rallies as individuals stay away from public transport

Second-hand car market rallies as individuals stay away from public...

August 29, 2020 04:11 AM AEST | By Team Kalkine Media

The COVID-19 induced paradigm shift is evident writ large on the automobile industry, with a significant transition observed in the consumption patter...

 Potential Resumption of International Travel in Australia: A Subject of Debate

Potential Resumption of International Travel in Australia: A Subject...

August 29, 2020 12:00 AM AEST | By Team Kalkine Media

Disrupting the popular trend of domestic and international travel, COVID-19 pandemic brought an unusual misfortune for the Australian travel industry...

 UBS Follows Suit of Other Investment Banks in Downgrading UK’s GDP Forecast For 2020, Remain Firm for A Bounce Back in 2021

UBS Follows Suit of Other Investment Banks in Downgrading UK’s GDP F...

August 26, 2020 11:20 PM AEST | By Team Kalkine Media

The data of British GDP published by the Office of National Statistics (ONS) earlier this month officially confirmed that the economy is now in recess...

 Are The Prospects Of A No-Deal Brexit Increasing?

Are The Prospects Of A No-Deal Brexit Increasing?

August 25, 2020 11:11 PM AEST | By Team Kalkine Media

Michel Barnier, chief negotiator, European Union (EU) is a strong negotiant and has asked the EU states to be thick-skinned with Britain as the Brexit...

 Are negative interest rates being considered for a long haul - ASX 200 Shares to watch?

Are negative interest rates being considered for a long haul - ASX 2...

August 24, 2020 05:14 PM AEST | By Team Kalkine Media

Interest rates are considered as the main lever to adjust monetary policy and maintain balance in the economy. Negative interest rates are an unconven...

 Allow Takeaways at alert level 4 - Hospitality businesses, Is it Safe?

Allow Takeaways at alert level 4 - Hospitality businesses, Is it Saf...

August 24, 2020 02:25 PM AEST | By Team Kalkine Media

Prime Minister Jacinda Ardern earlier announced Auckland returning to Alert Level 3 with rest of the country at Alert Level 2.  The statement ca...

 From CERB to EI: Canada Revises Pandemic Income Support Programs

From CERB to EI: Canada Revises Pandemic Income Support Programs

August 22, 2020 11:00 PM AEST | By Team Kalkine Media

Insurance premiums for workers and businesses kept intact at 2020 levels for next two years. Three more new one-year income support benefits proposed...

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