Labour shortages will be an ongoing issue despite the government’s prediction of a jobs boom
As Australia emerges from lockdowns, labour shortages have been a serious concern for businesses across the country.
MYEFO: Procurement, small business counselling and the digital economy get funding boost
The MYEFO update includes additional funding to improve SME access to government tenders and extend free financial counselling to small businesses affected by COVID-19, bushfires and floods.
MYEFO presents an optimistic outlook, but Omicron could change those predictions
What is not baked into the MYEFO outlook is the uncertainty created by the Omicron variant, writes CreditorWatch chief economist Harley Dale.
Mid-year budget has small business groups concerned, despite painting a bright outlook
The federal government has delivered its mid-year budget update, showing an improvement of $7.4 billion of the budget’s bottom line.
How we came to be in the midst of a great maple syrup drought
The Federation of Quebec Maple Syrup Producers has been forced to part with half of its vault’s contents to top up a gaping hole in supplies around the world, including in Australia.
Australia could soon run out of diesel additive AdBlue. Here’s how we can stop that
Stocks of AdBlue, an exhaust fluid used in newer diesel cars and trucks to reduce pollution, are getting dangerously low.
Why the government should consider a Christmas bonus for all
Many countries in Europe, Asia and Latin America mandate that companies pay their employees a Christmas bonus, often equivalent to one month’s pay.
Pay has declined for new workforce entrants, but study finds job satisfaction hasn’t lowered
New recruits to the workforce remain at least as happy with their jobs as they have been over the past two decades, despite being paid less for harder work.
What role does cash play post-COVID-19?
Cash still needs to be collected and moved around — there’s just a lot less of it, the RBA says. As a result businesses involved in its logistics and distribution are in a spot of bother.
Australia’s accounts show GDP going backwards, but spending is already coming back
The September quarter national accounts released on Wednesday are a statement of their time — they show what things were like when NSW, Victoria and the ACT were locked down.
Australia’s record job vacancies are unlikely to lead to higher wages
It is unlikely the COVID-related labour shortages are enough to make a permanent difference to wages.
Population dispersion could increase worker numbers in Melbourne’s CBD
Victorians could live further away from their workplaces as remote habits become entrenched in the coming decade, the state’s infrastructure advisor says.
