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Economy

Aussie inflation eases. What’s next?

The recent drop in Australia’s annual inflation rate to 6.8 per cent could give the Reserve Bank of Australia (RBA) the excuse it was looking for to pause its tightening policy.

Yajush Gupta · 2 min
Featured

Unemployment rate drops, defying forecasts

Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per cent in July. This drop contrasts widespread predictions of rising unemployment. Despite stage 4 lockdowns in Melbourne and stage 3 lockdowns across regional Victoria, national employment increased by 111,000 people between July and […]

Ann Wen · 2 min
Locked

Coal proves to be Australia’s largest export

Recent figures released from the Australian Bureau of Statistics have confirmed that coal was Australia’s largest single export in 2018. A statement released this week from the Coal Council of Australia said that coal had now asserted its pivotal role in the Australian economy. “Historically coal has been Australia’s most significant export contributor, and the […]

Rebecca Thacker · 2 min
Locked

“Best year for jobs growth ever” in 2017: Cash

Labor force figures released by the ABS this week show more than 403,000 jobs were created in Australia in 2017, with Minister for Jobs and Innovation Michaelia Cash proclaiming it the “best year for jobs growth ever”. The ABS figures also show that the number of jobs increased for the 15th straight month in December, […]

James Harkness · 2 min
Locked

SMEs investment and employment impeded due to electricity price hikes outpacing inflation

The price of electricity increased 8.9% last quarter, according to the latest ABS Consumer Price Index (CPI), prompting the nation’s peak employer body to warn that businesses are at ‘breaking point’. The Consumer Price Index (CPI) rose 0.6 per cent in the September quarter 2017, with the most significant price rises that quarter being electricity (+8.9%), […]

James Harkness · 2 min
Locked

NSW unemployment hits five-year low

Unemployment has hit a five-year low in NSW, dropping to 4.6% – more than a full percentage point below the next best state and almost a full percentage point below the national average. The latest figures from the ABS show 21,100 new jobs were added in September, about 2.5 times more than Victoria, the next closest state. […]

James Harkness · 2 min
Advice

The rise of the ‘Dadpreneur’: five tips for fathers looking to start a lifestyle business

The number of dads using flexible working arrangements to care for their children has doubled since the mid 90s, according to the Australian Bureau of Statistics. Changing gender roles have meant more dads are opting for flexible work arrangements or turning to entrepreneurship, for a greater work-life balance. When I left the safety and security […]

Kevin Spiteri · 2 min
Locked

Census 2016: the Lesson for every small business

The Census debacle last night highlights what not to do in business. At the height of a system malfunction when millions of Australians couldn’t log on to the ABS website to complete their Census the Prime Minister tweeted how easy and important it was: ‘We filled in the census tonight online – v easy to do. […]

Guest Author · 2 min
Cashflow

Overcoming barriers to export in construction

Recent Australian Bureau of Statistics’ export figures show that Australia’s manufacturing industries continue to look overseas for export opportunities. According to ABS, 300 Australian manufacturers began exporting for the first time in 2015-2016. With international demand for Australian-made quality products, this is a trend that is likely to continue. In line with this trend, according […]

Andrew Watson · 2 min
Economy

Calls for Budget job priority as unemployment rises

Unions are calling for the Abbott Government to make employment the focus of next week’s Federal Budget, as new ABS figures reveal an increase in unemployment.

Guillermo Troncoso · 2 min
Economy

Retail turnover rises

Retail turnover saw another small rise in March, up 0.3 per cent following a 0.7 per cent climb in February 2015.

Guillermo Troncoso · 2 min
Economy

Rise in retail turnover is encouraging

The January rise follows a climb in December, culminating in the fastest retail turnover rise in three months and the eighth consecutive month to experience a rise in retail spending.

Guillermo Troncoso · 2 min
Economy

Slight rise in wages highlights poorest yearly growth rate since 1997

The slight rise during the December quarter brings the year on year growth to 2.5 per cent, the lowest since the Government records on wages began in 1997.

Guillermo Troncoso · 2 min
Economy

Australian retail turnover sees a slight rise

Retail turnover saw a small rise in November, according to the latest Retail Trade figures released by the Australian Bureau of Statistics (ABS).

Guillermo Troncoso · 2 min
Locked

Work-related injuries and illnesses decline

Less Australians are experiencing work-related injuries and illnesses, according to figures released today by the Australian Bureau of Statistics (ABS).

Guillermo Troncoso · 2 min
Locked

Australian retail turnover on the rise

The latest Retail Trade figures have been released by the Australian Bureau of Statistics, revealing a turnover rise of 1.2 per cent in September 2014.

Guillermo Troncoso · 2 min
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Economy

Job ads show labour market stabilising

The labour market has picked up according to the ANZ’s measurement of job ads, with the number of advertisements up 7.5 per cent over the last 12 months.

Joe Kelly · 2 min
Locked

Brawl over ABS data as part-time jobs collapse

Users of Australian Bureau of Statistics data may be required to pay for access after Treasurer Joe Hockey raised concerns about the Bureau’s funding after it owned up to errors in its calculation of monthly jobs figures.

Joe Kelly · 2 min
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Economy

Dollar drops on weak retail figures

The Australian dollar has dropped on the back of a lower than expected increase in retail sales, with purchases taking a dive for department stores and household good retailers.

Joe Kelly · 2 min
Agri-Business

Australia’s agricultural population ‘comparatively young’

A new study has confirmed the number of young farmers entering a life on the land is falling.

Stephanie Zillman · 2 min
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CSR

Statistics getting worse for disabled workers

In the last twenty years, the statistics for the employment of people with a disability has not improved – in fact it’s gotten worse.

Stephanie Zillman · 2 min
Locked

Who is the Australian business owner?

According to new ABS statistics, he’s a man, aged between 45-54, and working hard for the money.

Stephanie Zillman · 2 min
Locked

10 census statistics that help with B2C marketing

No matter what your industry or what product or service you are selling, you can never know too much about your target market.

Jo Macdermott · 2 min
Economy

Unemployment rises, but labour force participation continues to expand

The unemployment rate has risen by 0.2 percent, but labour force participation has reached new height, with more Australians in full-time work than ever before.

Carly McKenna · 2 min