News
Is the decline in JobKeeper aid receivers a signal for the Australian economy’s recovery?
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 since the NSW government reduced the overall JobKeeper payment in September, the number of recipi.....
Australia’s Gold & Battery metals shine brighter despite COVID scourge
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 battery metals sectors. The rising call for clean energy has brought renewable energy and electric mo.....
What are business indicators reflecting for the Q3 for the Australian economy?
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 gross domestic product (GDP) contracted 7 per cent in the June quarter when coronavirus related cur.....
Eye on net-zero emissions target, Australia shells out $100 million on renewables
November 30, 2020 04:51 PM AEDT| By Team Kalkine MediaAustralia has unlocked more than A$100 million for clean, renewable energy projects as part of A$1.6 billion Victorian Budget 2020/21. The investment will help develop new technologies to fast-track renewable projects, including offshore wind.....
Northern Territory welcomes first international students in eight months
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 individuals from all over Asia – China, Japan, Hong Kong, Indonesia, and Vietnam. The students.....
Australian lobster industry in troubled waters after Chinese restrictions
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. Earlier this month, large amounts of shellfish were stuck at the Chinese airports, souring the alread.....
Dollarmites’ days are numbered: Victoria bans school banking programs
November 30, 2020 01:46 PM AEDT| By Edita IvancevicThe state of Victoria will ban all banking-related courses in state schools starting from next year, including the infamous Dollarmites. The so-called low-quality programs, which were previously run by banks, will be substituted with on-school fin.....
How has COVID-19 steered our mode of travel?
November 30, 2020 01:38 PM AEDT| By Team Kalkine MediaThe Covid-19 pandemic that took the world in its grip, undoubtedly made people adapt to living which perhaps no one would have heard of or dreamed of. However, by now, we all are familiar with the concept of social distancing, regular hand sanitisi.....
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 the woods yet, several green shoots are sprouting in the nation’s economy, stimulating hopes.....
How the pandemic has affected the market research industry in the UK
November 29, 2020 02:58 PM AEDT| By Kunal SawhneyThe UK market research industry has had a very difficult year due to the sudden outbreak of Covid-19 and subsequent lockdown. Most industries, which witnessed a slump in their revenue levels, had reduced their non-essential spending, and that is th.....
Under Pressure from ACCC, NBN to Reduce Broadband Prices, Increase Rebates
November 29, 2020 12:03 AM AEDT| By Hina ChowdharyThe Australian Competition and Consumer Commission (ACCC) published its final report, on 4 November 2020, highlighting that it had concluded the public inquiries into NBN entry-level pricing and NBN wholesale service standards and set out the findi.....
Will RCEP bring a thaw in Australia-China trade relations?
November 29, 2020 12:01 AM AEDT| By Kunal Sawhney&n.....
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 and earth’s atmospheric temperature, a pool of experts has suggested some strict measures to.....
Kiwi Dollar Reclaims USD 0.7000 Mark, What’s Bolstering the Home Currency?
November 29, 2020 12:00 AM AEDT| By Team Kalkine MediaKiwi dollar once again reclaimed the USD 0.7000 mark after the currency climbed the price ladder swiftly to trade at USD 0.7040 (intraday high on 27 November 2020) in two years. The jump in the domestic currency has been primarily led by a recovery.....
UK To Distribute Free Vitamin D Pills To 2.5 Million Vulnerable People
November 28, 2020 09:36 PM AEDT| By Team Kalkine MediaThe British government has decided to provide free Vitamin D supplements to nearly 2.5 million of the most vulnerable people in the country, especially the old and the dark-skinned people. The health risk to these people has increased this year bec.....
UK and EU to resume trade talks in London
November 28, 2020 08:22 PM AEDT| By Kunal SawhneyBritain and the European Union will be resuming face to face trade talks in London today, as confirmed by David Frost, chief Brexit negotiator for the UK. Frost said that he looked forward to welcoming Michel Barnier, chief negotiator, EU. The confir...
How Is BoC's Bond Buying Program Helping the Economy?
November 28, 2020 06:07 PM AEDT| By Team Kalkine MediaBuying bonds from the government is helping Bank of Canada maintain a low borrowing cost in the country, Bank of Canada Governor Tiff Macklem said at a recent event. Mr Macklem, in a statement before the House of Commons’ finance standing co.....
Bitcoin standing tall amid the gloomy Pandemic Period
November 28, 2020 03:15 PM AEDT| By Hina ChowdharyThe most popular cryptocurrency, bitcoin is now a days creating a lot of buzz in the investor community thanks to the recent rally. The pandemic year 2020 has mostly been positive for digital payment systems, including the bitcoin. If we s.....
Revealed: Australia’s richest & self-made young millionaires under 40
November 28, 2020 03:10 PM AEDT| By Kunal SawhneyIn 2020, the busiest of the streets screeched to a halt as COVID-19 virus unleashed havoc worldwide. The coronavirus pandemic shattered most of the economies across the world, leaving their people homebound for months. Although, the lockdowns.....
How A Delay in Brexit Decision Is Going to Impact UK Financial Services
November 28, 2020 03:14 AM AEDT| By Team Kalkine MediaThe ongoing transition process of Brexit, where the UK is all set to exit the European Union (EU) on 31 December, surrounds a wide range of business affairs that are required to be dealt with priority as the deadline is just a month away. The Boris J...
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