According to figures released by the Australian Bureau of Statistics (ABS) today about one in six workers started work with a new employer/business during the year to February 2010.
The performance of the Australian services sector continues to be uninspiring, with political uncertainty surrounding Australia’s hung parliament impacting on demand in August.
Microsoft and PBL yesterday launched Cudo.com.au, yet another Groupon clone in an already crowded Australian market filled with the likes of JumpOnit, Ouffer, Spreets, OurDeal and Scoupon run by Catchoftheday.
Western Australian Premier Colin Barnett’s compulsory acquisition of land in the Kimberley region for a $30 billion gas project for Woodside Petroleum has angered the Kimberly Land Council after negotiations over the land stalled.
While the pay gap continues to grow between men and women, the number of women appointed to ASX 200 boards is growing, with female directors of Australia’s top listed companies now close to 10 percent.
Wayne Swan claims Labor is responsible for the 3.3 percent growth in Gross Domestic Product in the National Accounts data released by the ABS today.
Dun & Bradstreet Corp has bought the privately held Dun & Bradstreet Australia Holdings Ltd in a deal worth $233 million ($AU).
The Australian economy grew by 1.2 percent in the June quarter, with growth through the year to June at 3.3 percent in figures released today by the ABS, placing pressure on the RBA to increase interest rates before the end of the year.
The Australian Retailers Association said the ABS July Retail Trade figures released yesterday showing a 0.7 percent growth in July retail trade was “not good enough”.
Retail trade continued to improve in July, with ABS Retail Trade figures up 0.7 percent in July, seasonally adjusted in addition to Australia’s Current Account Deficit shrinking on the back of an increase in exports.
