How Australia’s labour market is leading to a surge of children with jobs
Employing minors became rapidly old-fashioned in the era of rising underemployment. But a rampant labour market is changing things.
With inflation at 7.8%, another interest rate rise in February is all but guaranteed
Interest rates are almost certain to rise again in February, after the latest Consumer Price Index (CPI) figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.
Calls to dump Stage 3 tax cuts as report shows Australian billionaires 61% wealthier since 2020
With a backdrop of rising inflation and falling wages, the government is facing renewed pressure to rethink its support for Morrison-era tax cuts.
Inflation is back at record highs. Here’s where prices are rising, and where some are dropping
Even as the full effects of 2022's rate rises are yet to be felt, it looks like we're heading towards even more in 2023.
Why house prices are continuing to fall as inflation rises in Australia
In recent years, housing became more expensive at a faster rate than essentially everything else. Is there more room for prices to drop?
Jobs and Skills Councils to receive $400 million over four years in bid to curb workforce shortages
The federal government has set aside $402 million to fund Jobs and Skills Councils over four years to deal with skill shortages.
Omicron waves and a crypto crash: A look back at what derailed SmartCompany’s predictions for an unpredictable 2022
SmartCompany looks back at some 2022 predictions made one year ago. What did we get right, and what did we get wrong?
Australia’s gender pay gap is stuck at 22.8%, and experts say employers will end up suffering
With new research revealing Australia's gender pay gap has not improved this year, experts have a warning for employers who don't pay equally.
Why Australia’s high savings could push the RBA to continue hiking interest rates in 2023
Rising interest rates are meant to encourage saving. But our high savings buffer means we're still spending freely while inflation rises.
Why the RBA’s latest interest rate rise might be the last for some time
You might not know it from reading Tuesday’s statement announcing Australia’s eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough.
Profits vs wages: ABS data reveals which labour markets are the tightest
Wages are up and profits are down as the unemployment rate hovers at record lows and businesses scour the country, desperate for available workers.
Melbourne puts lockdowns behind it as The Economist ranks it in the world’s top 10 most liveable cities
Melbourne is the only Australian city to be in the top 10 of the most liveable cities in the world for 2022, according to the Economist Intelligence Unit's annual ratings.