Tag: Australia

The number of fully employed persons in Australia grew for the 10th consecutive month, while Australia’s unemployment rate remained steady at 5.1 percent in June.

The unemployment rate is predicted to stay at 5.2 percent, with the number of unemployed people seeking work continuing to decline at the recent trend rate.

Online retail is expected to grow by 40 percent by 2012 according to research released alongside the Online Retailer Expo and Conference in Sydney.

The financial services industry has well and truly shrugged off the global financial crisis, with employer confidence at its highest level in close to a decade.

Australian SMB’s are among the most prolific in the world when it comes to sourcing products and services internationally according to data from Alibaba.com.

National Australia Bank (NAB) has joined rivals Westpac and StGeorge Bank in paying employees superannuation on unpaid parental leave.

Ray White CBD Residential has acquired inner city rental business Marshall of Brisbane CBD Pty Ltd, expanding its foothold in the inner city residential rental market.

Job ads grew by 2.7 percent in June, following an increase of 2.7 percent in May according to the latest data in the ANZ Job Advertisements Series.

The services sector continues to contract, with a fall in new orders and decreasing selling prices keeping the services sector in negative territory in the June Performance of Services Index.

Clive Peeters, the beleaguered whitegoods and electrical retailer has been bought by Harvey Norman Holdings Limited through liquidator PPB for $55 million.