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J&J, Sputnik & Sinopharm vaccines ineffective against Omicron: Study
December 18, 2021 03:32 AM AEDT| By Versha JainThe latest research study by the University of Washington and Humabs Biomed SA, a unit of Vir Biotechnology, showed that the COVID-19 vaccines made by China’s Sinopharm, Johnson and Johnson of the US, and Sputnik developed by Russia are .....
Five lessons for CEOs from Better .com episode
December 18, 2021 12:05 AM AEDT| By Manisha“The right mortgage could save you thousands,” says Better.com. However, recent episode at the digital mortgage firm ascertains that one wrong move, especially if recorded, is enough to cause irreparable damage. Better.com Chief Execut.....
Reckon Payroll data shows 32% growth in leave balances from 2020
December 17, 2021 08:17 PM AEDT| By Sukriti NairHighlights Payroll data from Reckon software shows a 32% surge in annual leave balances from 2020. Pandemic considered as a reason for increase in leaves on companies' books. Rapid increase seen in the June and September quarters of lock.....
SA records 25 new COVID-19 cases in a day, highest since April’20
December 16, 2021 08:53 PM AEDT| By Sukriti NairHighlights South Australia records 25 new COVID-19 cases, yesterday’s total revised up. Several facilities visited by infected are locked down. South Australian Health department has revised the state's daily number of new COVID-19 c.....
ACCC not averse to Amazon’s proposed acquisition of MGM
December 16, 2021 04:58 PM AEDT| By Sukriti NairHighlights Amazon- MGM proposed acquisition gets green signal from ACCC. ACCC finds no considerable reduction in Australian competition from this deal. Amazon and MGM’s merger has got green light in Australia. ACCC the Australian com.....
What Loans Are Available in Australia to Buy an Electric Vehicle?
December 16, 2021 02:00 PM AEDT| By Daniel Paul JohnsHighlights Once you purchase your EV, which ranges in price from around AU$44,000 to AU$200,000 you’re basically driving a big battery as after that, there are no fuel costs. “Green car loans” can potentially fund a fuel-effic.....
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Keep an eye on these NASDAQ stocks in 2022
December 15, 2021 09:29 PM AEDT| By AayushHighlights The MSCI World Index has delivered a return of 22.31% for the one-year period ending 30 November 2021. A 40-year high inflation in the US and the emergence of the Omicron variant are concerns for investors. ABNB, DDOG, HRMY, etc., a.....
How foreign investment in Australian commercial property hit a new record
December 15, 2021 09:06 PM AEDT| By Team Kalkine MediaHighlights This year, foreign investment in Australian commercial property has hit a new annual record. North America has contributed 39% of the total foreign investment this year. Singaporean investors have also been the second most act.....
Australia wins WTO dispute against India's export sugar subsidies
December 15, 2021 08:24 PM AEDT| By Sukriti NairHighlights Australia wins a three-year pending battle at World Trade Organisation against India. The WTO panel has found Indian subsidies not aligning to trading rules. Australia has won the long-sought battle for its sugar producers at WT.....
WA Government releases 3M hectares of land to boost carbon farming
December 15, 2021 07:28 PM AEDT| By SamtaHighlights West Australian Government has released 3 million hectares of Crown land for carbon farming to mitigate climate change. The private businesses will partner with the traditional owners and the state. High-level carbon farming concept.....
Elon Musk lands Time magazine’s person of the year for 2021
December 14, 2021 06:27 AM AEDT| By Versha JainHighlights Elon Musk’s Tesla is the top player in the EV market and has around two-thirds of the market. In April 2021, SpaceX won a NASA contract to send US astronauts to the moon after 1972, for the first time. In 2018, Mr. Musk.....
Australia seeking new mineral sources amid global urea shortage
December 13, 2021 10:47 PM AEDT| By SamtaHighlights Australia is running through another supply chain crisis. AdBlue stock has been dangerously falling, creating chaos in the market. The Australian Trade Minister Dan Tehan has urged businesses to avoid stockpiling AdBlue......
All about the new Instagram ‘Take a Break’ feature
December 11, 2021 12:14 AM AEDT| By Kiara KhannaAs parents, we are continuously trying to come up with innovative ways to reduce screen time for our kids. But, in this new normal where we ourselves are glued to screens, it is becoming difficult to keep our children away from it. Instagram is one...
Private health insurers under ACCC scanner
December 10, 2021 10:04 PM AEDT| By SamtaThe Australian competition watchdog has put private health insurers under its scanner. The regulator has warned Australian private healthcare insurers to pay back any profits gained on the back of COVID-19. As per the Australian Competition .....
Mad Mex is fully Australian; Founder buys back JV partner’s share
December 10, 2021 09:36 PM AEDT| By Sukriti NairHighlights Mexican fast food chain Mad Mex is going Australian again. Mad Mex’s owner is buying back Singaporean joint venture partner’s share. Founder Clovis Young to own 100% shares. Mexican fast food chain Mad Mex is .....
Nexsphere to make “over the horizon” offshore wind farm in Tasmania
December 10, 2021 07:06 PM AEDT| By SamtaHighlights Nexsphere has announced its plans to build an “over-the-horizon” wind farm (up to 1GW) across the northeast Tasmania coast. Bass Offshore Wind Energy project is expected to be seized between 500MW and 1,000,000 MW. Nexsp.....
Fleet Space to create entirely additively manufactured Alpha satellite
December 10, 2021 04:39 PM AEDT| By SamtaHighlights Fleet Space announced to create the world’s first 3D printed small satellite device. Australian Government will support the space company for the initiative. The Australian Space Park will be co-locating four companies. T.....
World’s richest families got richer in 2021
December 09, 2021 08:33 AM AEDT| By Rupam RoyAs 2021 comes to an end, we explore the wealthiest families of 2021. These families own various businesses ranging from consumer, healthcare to finance companies. Johnson Family (SC) The Johnson (SC) family is the 25th richest family in the world.....
Logistics startup Ofload bags A$20M from Series A investors
December 09, 2021 07:00 AM AEDT| By Sukriti NairHighlights Supply chain and Logistics sector is booming in with economic recovery globally. One of the Logistics startups - Ofload seems to grab investor attention. Sydney based logistic startup Ofload aims to optimise supply chain with .....
Holiday shipping deadlines for USPS, UPS & FedEx: All you need to know
December 09, 2021 05:28 AM AEDT| By Team Kalkine MediaHIghlights All major US parcel delivery service providers have released their respective deadlines for shipping packages and cards for Christmas and New Year. “Americans should feel confident sending their holiday cards, mail, and packag.....
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