JobKeeper Scheme to cost an extra $15 billion amid Victoria crisis

Summary Changes worth $15 billion were made in the extended JobKeeper scheme. Businesses will now have to prove a decline in their GST turnover fo...

Labour Market Conditions in The UK Improve as More Sectors Open Up,...

Summary The REC and KPMG employment index for July stood at 43.4, up from 34.3 recorded in the month of July The improvement in the employment ind...

BP's plan for zero carbon emission by 2050, will other companies fol...

Summary Oil majors BP & RDSA have vowed to reduce carbon footprint by 2050 Supermarket operators SBRY & TSCO are likely to become carbon n...

Impact of Coronavirus on Australian Economy and Way Forward

Summary A start of the new pandemic that originated in Wuhan, China created a global health challenge and an economic catastrophe. Just after the...

Unemployment, Financial and Economic Crunch: 3 Things that Kiwi land...

Summary New Zealand’s critical unemployment scenario despite its significant success against the virus indicates an impending concern for the...

Second Page of the COVID-19 Diary: Business Insolvencies, Unemployme...

The Premier of Victoria Daniel Andrews declared new restrictions to limit the spread of coronavirus outbreak in Victoria and stated that the second lo...

Coronavirus effect: Virgin Atlantic’s bankruptcy increases spotlight...

Summary Facing the Covid-19 crisis, Virgin Atlantic filed for bankruptcy after a month old announcement of securing £1.2 billion in funding....

Goods exports to China are now nearly half of the total Australian E...

Summary Australian trade surplus rocketed to $8.2 billion in June 2020, driven by rising export of iron ore to China where surged steel production...

Prime Minister Scott Morrison’s Plan on Economic Recovery – 5 Aspect...

Summary A recent emergency state declared in Victoria put new challenges to the Australian health and economy. JobTrainer program is expected to c...

How increased spending support and cash rate at 0.25% would help the...

The Reserve Bank of Australia (RBA) kept the official cash rate at 0.25% for the fifth consecutive month and reaffirmed the target yield on 3-year Aus...

Job losses Continue Unabated at Major British Companies

The spate of job losses in the United Kingdom is not showing any signs of abatement even after the lockdown has been opened in the past three months....

Australian Banking Space Amidst Virus-Induced Volatility; Digitalisa...

With the emergence of COVID-19 pandemic, major Australian banks have drawn considerable attention for deferring/suspending their dividends, facing loa...

Jobs bouncing back in July but with a slower trajectory– Is your fut...

Summary Victoria declared ‘state of disaster’ and rise in the virus cases forced Melbourne and regional Victoria to enter stage 4 and s...

NZ Legalising Cannabis: Is It Worth Rolling The Bill?

Upcoming September voting on the Cannabis Legalisation and Control Bill to be introduced by the New Zealand Government will decide the fate of recreat...

Policy rates remain unchanged, RBA expects 6% fall in GDP

Summary The Reserve Bank of Australia has kept the cash rate unchanged in this policy meeting but intends to buy three-years bonds since yield is b...

Expecting some strength: 5 Things you need to know about June trade...

Summary The trade surplus of Australia swelled to $8.2 billion for the month of June, which is its 30th consecutive monthly trade surplus amid soli...

Scan Through Tourism Space: Ten Things that you might have missed

Known in the world for its ancient desert landscapes and coastal cities fringed with golden beaches and deep blue oceans, Australia is today famous fo...

The milieu between China and Australia when it comes to trade talks

The successful trade relationship between China and Australia dates way back to the early 2000s. Ever since 2007, China has been Australia’s big...

Taking A Closer Look At The Income And Wealth Inequalities In Britai...

Summary Leading economic thinktank data suggests that while geographical income inequalities are falling across regions overtime in Britain, the we...

Covid-19 Impact: Leading Banks in the UK Braced for Losses

Summary Full year 2020 impairment charge of NatWest bank is likely to be in the range of £3.5-4.5 billion due to a gloomy UK outlook HSBC's...