Economy

Economic Charter: Australia's Current Account and House Approvals Da...
December 01, 2020 04:31 PM AEDT | By Kunal SawhneyAustralia’s current account surplus (seasonally adjusted) in the September quarter fell 39 per cent to A$10.0 billion, on account of lower goods...

Is the decline in JobKeeper aid receivers a signal for the Australia...
November 30, 2020 07:54 PM AEDT | By Edita IvancevicTreasurer Josh Frydenberg announced that more than two million Australians have stopped receiving the JobKeeper subsidy in less than two months. Ever...

Australia’s Gold & Battery metals shine brighter despite COVID scour...
November 30, 2020 05:43 PM AEDT | By Hina ChowdharyWhile the pandemic adversely affected the global economic scenario and the commodity markets, it acted as an unexpected catalyst for both gold and bat...

What are business indicators reflecting for the Q3 for the Australia...
November 30, 2020 05:37 PM AEDT | By Kunal SawhneyData on Australia’s third quarter GDP is scheduled to be released on Wednesday, 2nd December 2020. The numbers would be closely watched as the g...

Northern Territory welcomes first international students in eight mo...
November 30, 2020 04:16 PM AEDT | By Edita IvancevicNorthern Territory became the first Australian state to welcome the first batch of international students. A flight from Singapore transported 63 ind...

Australian lobster industry in troubled waters after Chinese restric...
November 30, 2020 03:32 PM AEDT | By Edita IvancevicThe China-Australia trade war has inflamed drastically over the past few months, adding the lobster industry to the pile of businesses in danger. Ear...

Australia’s Economic Charter: Any Emerging Green Shoots?
November 30, 2020 12:22 AM AEDT | By Team Kalkine MediaWith COVID-19 pandemic under control, the Australian economy is actively proceeding on the path of economic recovery. While the economy is not out of...

Will Australia EV industry put the pedal to the metal by 2021?
November 29, 2020 12:00 AM AEDT | By Team Kalkine MediaConventional fuel-based vehicles have been hurting the environment for decades as they contain harmful exhaust emissions. Due to rising air pollution...

Vestas, Global Power Score A 328 MW Deal for 2 Wind Projects
November 27, 2020 06:59 PM AEDT | By Kunal SawhneyVestas has joined hands with Global Power Generation to sign a 328 MW deal for two wind projects in Victoria, Australia. Image Source: © Kalki...
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Australia’s Treasury Wine takes a spill as China imposes tariffs
November 27, 2020 05:19 PM AEDT | By Hina ChowdharyTreasury Wine Estates Limited (ASX:TWE) has requested the exchanges for a trading halt today over the provisional anti-dumping measures imposed by Chi...

Proposed NSW Property Tax Regime: Stamp Duty Dilemma
November 27, 2020 02:17 PM AEDT | By Kunal SawhneyNew South Wales treasurer Dominic Perrottet recently announced the proposal to move towards a new property tax regime. This regime would allow taxpaye...

Sovereign Hill Launches 20-Year Master Plan to Celebrate Golden Jubi...
November 27, 2020 02:09 PM AEDT | By Team Kalkine MediaThe open-air museum in Golden Point and the historical landmark, Sovereign Hill, has unveiled a master plan for the next two decades. The 20-year Mast...

Victoria Emerges as the Warrior Against Corona War
November 27, 2020 01:38 PM AEDT | By Team Kalkine MediaVictoria seems to have emerged from the disastrous second coronavirus wave. The state has recorded no new coronavirus cases for the 28th consecutive d...

Veris Limited (ASX:VRS) Bags Pipeline Contract From APA Group
November 26, 2020 02:53 PM AEDT | By Hina ChowdharyVeris Limited (ASX:VRS) has bagged a service contract from APA Group Limited (ASX:APA) for providing survey and associated services for the new Northe...

APRA releases superannuation data for September 2020
November 26, 2020 01:40 PM AEDT | By Kunal SawhneyThe Australian Prudential Regulation Authority (APRA) has released the superannuation statistics for September 2020. Over the year to September 2020,...

‘Now is the Time’: Melbourne Airport launches campaign to woo travel...
November 24, 2020 04:38 PM AEDT | By Team Kalkine MediaIn the backdrop of easing COVID-19 restrictions in Victoria, Australia’s Melbourne Airport is encouraging travellers to opt for air travel and m...

NSW's $32 Billion Electricity Infrastructure Roadmap Aims to Bolster...
November 24, 2020 12:05 AM AEDT | By Hina ChowdharyNew South Wales (NSW) has recently unveiled its electricity infrastructure roadmap, designed to shift the energy system towards renewable energy from...
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One Nation Leader Mark Latham Labels NSW’s Energy Roadmap as a “New...
November 23, 2020 03:05 PM AEDT | By Team Kalkine MediaMark 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...
November 21, 2020 01:38 PM AEDT | By Team Kalkine MediaSuperannuation 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?
November 21, 2020 12:22 PM AEDT | By Kunal SawhneyThe exacerbated pandemic situation rampant across the globe has hit the nations with massive economic shocks. Amidst the faltered economic scenario, t...