Tourism
Tourism Australia announces additional support for business events sector
Business Events Australia said it will be giving additional support to the sector through continued funding for its Bid Fund Program and Boost Program.
Tag: Australian Economy
Industry
Australian small business revenue rises above pre-pandemic average as jobs recover
New data from Xero shows that small businesses have recorded a positive revenue growth for nine consecutive months despite snap lockdowns.
Economy
Investment NSW to boost economy and jobs as part of COVID-19 recovery
The NSW Government has today opened its Investment NSW agency, which aims to maximise economic benefits and jobs for NSW.
Health | Pharmaceuticals
Faster global vaccine rollout could boost Australia’s economy by $17bn: KPMG
A new analysis by KPMG has revealed that a faster international rollout of vaccines could boost the Australian economy by $17bn and generate up to 40,000 jobs.
Workplace
Victoria claims title of Australia’s job capital as employment numbers surge
Victoria has claimed a post-lockdown victory with promising employment numbers that place the state ahead of the rest of Australia.
Workplace
Federal Government announces plans to change JobSeeker rate as payments return to pre-pandemic levels
Treasurer Josh Frydenberg has revealed that the Federal Government is planning to make changes to the JobSeeker rate when the coronavirus supplement ends in March.
Workplace
Australia’s employment landscape recovers as 43 per cent of companies raise headcount in 2021
The Michael Page Talent Trends report reveals that 43 per cent of businesses expect to increase their headcount in 2021.
Finance
What the US election could mean for Australian businesses
With under a week until the 2020 US Presidential elections on Tuesday, 3 November, economists and investors are looking to predict the way various outcomes could affect Australian businesses. The US economy is the world’s largest economy, and Australia has a very close economic relationship with the USA. In 2016 alone, exports to Australia generated 264,000 […]
News
Bosses still reluctant to increase wages to retain staff despite increase in business confidence
Business confidence is returning but a new survey shows many bosses still aren’t willing to lift wages to retain talented staff. Bosses at small and medium-sized businesses believe the economy is turning around after a year of plummeting confidence. But the new survey of chief executives also shows they expect wage growth to stay low, […]
News
Ideal jobless rate ‘some time away’: RBA
Reserve Bank of Australia board members agreed back-to-back cash rate cuts were necessary to eat into spare labour market capacity, but a high participation rate and an expanding working age population means it will take “some time” to achieve the ideal jobless rate. Minutes from the RBA’s July 2 meeting show members agreed a consecutive […]