Economy

Elizabeth Warren criticises ‘Gig Economy’

Massachusetts Senator Elizabeth Warren has taken an aim at the so called, "gig economy" that is created by online platforms as well as workers joining together odd jobs.

Government to offer assistance to small tourism centres

Government to offer assistance to small tourism centres John Key, the Prime Minister and Tourism Minister of New Zealand, will soon announce an increase in funding for small tourism centres that attract large number of visitors.

Budget unlikely to include tax cuts, indicates New Zealand FM

Budget unlikely to include tax cuts, indicates New Zealand FM Bill English, the Deputy Prime Minister and Minister of Finance of New Zealand, has indicated in a pre-budget speech at an industry event that

Leading economist wants government

Leading economist wants government

A leading economist in New Zealand, ShamubeelEaqub has said that the wants the government to make provisions for doubling the state housing stock from 60,000 to about 120,000 houses in the Budget.

NZ dollar rises to two-month high against the Australian dollar

NZ dollar rises to two-month high against the Australian dollarAccording to the latest data, the New Zealand dollar rose to its two-month high against the Australian dollar after inflation outlook and a surge on bonds in that country put pressure on the Australian national currency.

Australian Stork Market Face a Set Back with Low Commodity Prices and Subdued Global Growth Outlook

Australian Stork Market Face a Set Back with Low Commodity PricesConcerns regarding the health of global economic growth and low commodity prices are reason behind the set back in the Australian stock market. On Wednesday, it opened significantly lower after an unenthusiastic guidance from Wall Street.

The S&P ASX 200 index opened 1.1 percent down at 5,298.1 points. The benchmark lost 60.60 points or 1.13 percent in the late-morning trading.

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