Jessica Stanic

Australia workers would rather stay with their current employer and work reduced hours than face redundancy, according to Robert Walters recent Employee Insights Survey.

Australian businesses are turning to flexible employment strategies to beat the downturn, with the ABS May Labour Force figures pointing to an increase in part-time jobs.

Web analytics firm HubSpot has found that despite the popularity of Twitter, barely a peep is heard from most members.

JB Hi-Fi chairman Patrick Elliot has said that retailers who sell low-priced goods are benefiting from the effects of the global recession, as consumers reduce their spending and look for for value for money.

Australia will help lead the world out of recession and drive economic growth, according to an Ipsos Reuters poll.

The Business Council of Australia (BCA) is lobbying the government to reduce company tax rates in half, with the cost covered by a hike in GST.

The latest figures from the Australia Bureau of Statistics have shown that one in 10 workers are their own boss, and are most likely to be male and working in the construction sector.

Economic forecaster BIS Shrapnel’s Residential Property Prospects has predicted house prices could rise by as much as 22 percent by 2012.

The Commonwealth Bank has lifted its interest rates on home and business loans by 0.1 percent in order to offset higher funding costs, with other major lenders predicted to follow suit.

Federal Treasurer Wayne Swan has said the government’s stimulus package will help to create 80,000 new jobs over the next decade.