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DXC Technology to be Western Sydney Airport’s IT integrator
December 21, 2021 05:11 PM AEDT| By Sukriti NairHighlights NYSE listed DXC Technology will be the technology integrator for Western Sydney Airport. The new digitally enabled airport is readying itself to become one of the largest gateways to Australia. Fortune 500 company and NYSE.....
Australia-UK sign free trade agreement
December 20, 2021 08:49 PM AEDT| By Sukriti NairHighlights Australia-UK have inked an FTA (Free Trade Agreement) on Friday. Australia-UK FTA ends most taxed on exports from Australia The deal pushes growth for the Food and beverage industry, alongside access to jobs in UK. Australian t.....
TikTok partners with Virtual Dining Concepts to start food business
December 20, 2021 05:45 PM AEDT| By Priyanka PayalHighlights TikTok has unveiled its plans to get into the restaurant business. Last week, TikTok partnered with Virtual Dining Concepts to kick-off delivery only TikTok Kitchen. Virtual Dining Concepts has successfully encouraged celebrit.....
Australia to scale up urea manufacturing with Incitec Pivot
December 20, 2021 03:50 PM AEDT| By SamtaThe global shortage of urea has forced Australia to search for new mineral sources. As a result, the Australian trucking industry has been in constant fear of shutting down amid zero new suppliers of AdBlue. Last week, the Australian Federal Gover.....
WA health system receives an AU$1.28 billion boost
December 20, 2021 02:14 PM AEDT| By Sukriti NairHighlights The Western Australian government invests AU$1.28 billion in health systems after 2021-2022 review. The additional funding assigns AU$398 million to prepare WA for COVID-19 as state plans to reopen its borders. Western Australia.....
Any ray of hope amid the contagious Omicron spread?
December 19, 2021 03:37 PM AEDT| By Jasmine AnandHighlights Omicron, the more contagious Covid-19 variant than any of its earlier versions, poses a lower risk to most individuals, reveal preliminary studies Chances of the need for hospitalisation if one ever gets infected by this variant, is .....
US stocks edge lower on interest rate worries
December 17, 2021 12:29 PM PST| By Rupam RoyBenchmark US indices drifted on Friday, December 17, after the market participants have evaluated the potential effect of the policy shifts by the world's largest central banks. The S&P 500 was down 0.87% to 4,628.25. The Dow Jones Industrial Av...
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.....
US stocks close lower led by tech and consumer stocks
December 16, 2021 01:25 PM PST| By Versha JainBenchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...
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 does Frydenberg’s MYEFO say on the Australian economy?
December 16, 2021 04:56 PM AEDT| By Sukriti NairHighlights Mid-Year Economic and Fiscal Outlook (MYEFO) is out today. Treasury updates on million new jobs and wage rate forecasts. The Mid-Year Economic and Fiscal Outlook (MYEFO) revealed a recovery from COVID-19 recession. The MYEFO bud.....
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.....
US stocks rally after Fed's tapering decision
December 15, 2021 01:30 PM PST| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
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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.....
Apple hits US$3 Trillion milestone; US stocks slip on a consecutive day
December 14, 2021 01:09 PM PST| By Versha JainBenchmark US indices continued retreating on Tuesday, December 14, ahead of Federal Reserve’s policy decision on Wednesday after a two-day meeting. The central bank is expected to wind down the bond purchase faster than anticipated next year.&n...
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