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#Penny Wong

Economy

Unemployment rate up in July

The unemployment rate climbed from 4.9 percent in June to 5.1 percent last month; rising a seasonally adjusted 0.1 percent according to the Australian Bureau of Statistics (ABS).

Lorna Brett · 2 min
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Pressure to delay emissions trading scheme

The Australian Industry Group has called for the Federal Government to delay the commencement of the 2010 carbon emissions trading scheme (ETS) due to the current economic crisis. Supporters of the scheme, the group suggested the government pass legislation to ensure implementation, but has recommended the government postpone the scheme until 2012. “Businesses are strapped […]

Adeline Teoh · 2 min