Pandemic leave payments restored until September 30 under Albanese government
Prime Minister Anthony Albanese announced the decision after a national cabinet meeting, which had been brought forward from Monday to early Saturday to discuss the escalating COVID-19 wave.
Australian businesses now delaying invoice payments by a week longer than six months ago, report says
Recent findings suggest the average outstanding invoice is now repaid in 38 days, compared to 31 days in January.
“Many small retailers are not opening every day”: Business groups urge government to rethink axed COVID-19 isolation payment amid staff shortage
The Morrison government's Pandemic Leave Disaster Payment scheme, which provided $750-a-week lump sum payments to workers required to self-isolate after testing positive for COVID-19, expired on June 30.
Inflation is surging and wages are falling. Expect big rate hikes and a US recession
With the US facing a recession and interest rates rising globally to curb inflation, Australia is facing a tumultuous economic period.
The unemployment rate is now just 3.5%, the lowest reading since 1974
The Australian Bureau of Statistics says the economy added some 88,400 jobs over June, while the number of unemployed people fell by 54,300.
Web3 is coming for the banks, and it poses a much greater threat than the neobanks did
Web3 wears no uniform, fights without rules, and if you think for a second that the neobanks were a threat, you’ve no idea of the reckoning that’s coming.
The national focus on skills shortages is welcome, but we can’t afford to wait
This acute and ongoing skills crisis must urgently be addressed, and while the government has a plan, there is a clear role for the private sector to play as well.
Gig economy: Workers and customers are exiting the sector. How can we make it better?
Five years of research reveals an industry facing pushback from both workers and customers, with many workers seeking to leave the gig economy.
ANZ confirms discussions to acquire MYOB, potentially boosting the big four bank’s SME credentials
ANZ has confirmed it is in talks to acquire small business bookkeeping platform MYOB, following media reports the Big Four bank is prepared to spend billions of dollars to boost its offerings to the SME sector.
Afterpay duo Nick Molnar and Anthony Eisen lead top 20 list of highest-earning CEOs
The milestone earnings of Afterpay co-founders Anthony Eisen and Nick Molnar have crowned them as the top-earning Australian CEOs of the 2021 financial year — no surprise, given the combined $264 million they pocketed.
Australia’s gender pay gap is costing our economy billions, but the solutions are obvious
Australian working women earn less than men from the moment they enter the workforce, and the gap between their pay is eroding their economic security over their lifetime.
Will Albanese’s jobs summit be genuinely useful, or a futile talkfest?
Bob Hawke popularised the political summit in 1983, and Labor leaders ever since have tried to emulate it. But are they actually worthwhile?
