Tag: Economy

13 out the 19 industries covered recorded a rise in employment numbers, with Arts and Recreational Services taking a big lead.

Australia’s manufacturers are seeing improving conditions, according to the latest ACCI-Westpac Survey of Industrial Trends.

While the ICT sector has grown and there has been a 5 per cent rise in the number of ICT professionals, the number of ICT graduates has actually dropped from the early 2000s.

A surprising amount of Australia’s small-medium enterprises lack a working knowledge of foreign direct investment and how it relates to the economy and their business.

The latest Roy Morgan Research Business Confidence levels have revealed a May increase of 9.6 points from April, which still leaves confidence below the five-year average.

While new orders and production sub-indexes both saw climbs, to 52.8 and 52.9 respectively, manufacturing sales dropped for the 12th month, hitting 47.9.

Tom Seymour said the nation would not see housing become more affordable, a rise in job security, and a boost in education if major tax reform were not accomplished.

The lowest tax burden coupled with the lowest interest rates since the late 1960s means that Australian small businesses have not experienced such great conditions since the days of black and white TV.

The ACTU is calling for the $5.5 billion last week’s Budget offered small business be used to increase the nation’s minimum wage.

6.8 per cent of Australians (1.3 million) have shown intention to buy or build property in the next year, amounting to a forecast of approximately half a million homes to change owners or to be built.