Economy


 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...

 Next move on Vaccine: Government's agreement with AstraZeneca catering 25 million Australians

Next move on Vaccine: Government's agreement with AstraZeneca cateri...

August 20, 2020 04:47 PM AEST | By Team Kalkine Media

Recently, Australia undertook strides to secure access to a promising vaccine in a move to diminish coronavirus pandemic and would offer free access t...

 Road to Economic Salvation Not Easy For Chrystia Freeland, Canada's First Woman Finance Minister

Road to Economic Salvation Not Easy For Chrystia Freeland, Canada's...

August 19, 2020 10:01 PM AEST | By Team Kalkine Media

inancial reporting under the belt. Canadian Prime Minister Justin Trudeau has named deputy PM Chrystia Freeland as the new Finance Minister, afte...

 RBA's Projection: What if the Cash Rate stays at 0.25 per cent for 3 years?

RBA's Projection: What if the Cash Rate stays at 0.25 per cent for 3...

August 17, 2020 05:47 PM AEST | By Team Kalkine Media

RBA held its cash rate at 0.25% in the latest monetary policy meeting on 4 August, and the move will continue to dampen the effects of coronavirus cri...

 China’s CPI numbers and Australian tie-ups

China’s CPI numbers and Australian tie-ups

August 13, 2020 12:22 AM AEST | By Edita Ivancevic

Due to the coronavirus pandemic, countries around the world are experiencing a rise in prices of goods. Apart from the price increase, many territorie...

 China exports grow 7.2pc in July while clouds loom over Australia-China relations

China exports grow 7.2pc in July while clouds loom over Australia-Ch...

August 10, 2020 07:50 PM AEST | By Team Kalkine Media

Summary China's exports rose 7.2% in July, while imports fell 1.4% compared to a year ago. The rise in exports came due to the rising demand for m...

 RBA charts out Economic Recovery Forecasts apparently with 'No Vaccine Roll-out' assumption 

RBA charts out Economic Recovery Forecasts apparently with 'No Vacci...

August 10, 2020 03:11 PM AEST | By Team Kalkine Media

Summary A rise in the number of coronavirus cases in Victoria post June has deteriorated the broader outlook of the Australian economy. The econom...

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