Economy

Why is South Australia lifting the lockdown earlier than expected?
November 20, 2020 05:58 PM AEDT | By Edita IvancevicJust two days after the harsh lockdown was announced in South Australia, contact tracers discovered that a pizzeria worker from Adelaide had lied to t...

Australia retail sales shoot up by record 6.5% in September quarter
November 20, 2020 03:36 PM AEDT | By Team Kalkine MediaOn 4 November 2020, the Australian Bureau of Statics released its retail sales report for September 2020. The Australian spending surged by a record...

Consumer Confidence in Focus Ahead of Christmas Rally
November 20, 2020 12:47 PM AEDT | By Team Kalkine MediaConsumer confidence is one of the most powerful economic indicators that influences the equity market. When there is high consumer confidence, people...
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How COVID-19 has Impacted Australian Labour & Property Markets?
November 19, 2020 02:57 PM AEDT | By Team Kalkine MediaThe pandemic has brought along many shocks to the Australian economy, all at once. Severe impacts have been felt in the labour market, property market...

Regional NSW Property Market Records a Price Surge
November 18, 2020 08:02 PM AEDT | By Hina ChowdharyThe New South Wales property market has experienced varying effects of the pandemic. The provision of working remotely, under the lockdown restriction...
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Who are the winners and losers in NSW Budget 2020?
November 18, 2020 06:02 PM AEDT | By Edita IvancevicNSW Treasurer Dominic Perrottet has announced the state budget for 2020. As expected, the state has faced a large deficit of A$16 billion due to the C...

What does Big Housing Build mean for Victorians?
November 18, 2020 05:56 PM AEDT | By Edita IvancevicIt has been a tough year for Victorians. Having spent months within the confines of their homes in one of the world’s strictest lockdowns, peopl...
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New Zealand likely to face grocery shortage; Labour government inves...
November 18, 2020 01:57 PM AEDT | By Hina ChowdharyAs the country navigates through COVID-19 outbreak, New Zealand is now facing another big problem. This time it is about the shortage of food supply n...

Asia Pacific countries form the world’s largest trade alliance
November 17, 2020 08:47 PM AEDT | By Kunal SawhneyFifteen countries in the Asia-Pacific region have joined hands in the largest free-trade bloc ever witnessed in history. This comes after 8 years of n...

AGL Energy (ASX:AGL) Beefs up Battery Plan to Increase Grid Reliabil...
November 17, 2020 02:50 PM AEDT | By Team Kalkine MediaAGL Energy Limited (ASX:AGL) has unveiled plans to develop a giant grid-scale battery in Adelaide, South Australia. The grid-scale battery would compe...

RBA says Low interest ‘gravitational pull’ forced it to embrace QE
November 17, 2020 12:57 PM AEDT | By Team Kalkine MediaEarlier this month, Pfizer gave hope to the world in terms of a medical breakthrough via a vaccine. Now Moderna has also said that its vaccine showed...

NSW unemployment likely to hit unforeseen levels seen in the last 20...
November 16, 2020 02:45 PM AEDT | By Kunal SawhneyThe Australian unemployment rate was set to reach the 10% mark in December, as predicted before. However, amid pandemic relief measures taken by the c...

Ipsos Survey reveals Australia’s most liveable city
November 15, 2020 12:45 AM AEDT | By Hina ChowdharyIn Ipsos Life in Australia 2020 survey, Central and Hills areas have emerged as the most liveable metropolitan locations of Australia. Adelaide has ga...

COVID-19 juggernaut jolts the fashion industry, big names in hot wat...
November 15, 2020 12:40 AM AEDT | By Kunal SawhneyMany Australian brands are joining the couture and focusing on creating a name globally. With pandemic hitting the fashion industry hard, many firms s...

What does Biden taking the throne mean for US-EU trade relations?
November 14, 2020 04:22 AM AEDT | By Hina ChowdharyWith Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the...

Australians’ consumer sentiment soars to 7-year high as COVID-19 fea...
November 12, 2020 01:51 PM AEDT | By Team Kalkine MediaWith coronavirus fears on the wane, Australians seem to have grown more confident about the country’s economy as was reflected in November&rsquo...

Australian Government Invests $9.6 Million in Revolutionary Sunman S...
November 11, 2020 02:11 PM AEDT | By Kunal SawhneyUndoubtedly, the future belongs to renewable energy, as the world looks toward more sustainable ways of living without harming the environment. That s...
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Electric Vehicle Council at loggerheads with South Australia governm...
November 11, 2020 01:41 PM AEDT | By Team Kalkine MediaThe 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...
November 07, 2020 04:18 AM AEDT | By Kunal SawhneyAmid 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-E...
November 07, 2020 04:09 AM AEDT | By Hina ChowdharyThe mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dism...