Advertised salaries now outpacing official wage growth data, new SEEK report says, as hirers scramble for talent
Advertised starting salaries are 4.1% higher on average than those offered in July 2021, a new SEEK report says, suggesting wages offered to fresh hires are rising faster than pay packets for existing workers.
Contracts, cashflow and equity: Five signs a building company might collapse
The last year has been tough on the building industry with around eight in 10 construction companies forced to use their own funds in order to complete a client's home.
Unemployment could soon be at 3%. Here’s why it’s not going up anytime soon
What’s driving this new ultra-low unemployment? It’s been harder for employers to get workers, because borders were closed, and because of unusually high rates of people off sick.
The preliminary agenda for Labor’s Jobs and Skills Summit has arrived
The five broad themes of the upcoming Jobs and Skills Summit have been laid out by the Treasury, giving industry groups, unions, and lawmakers a concrete understanding of the key issues under debate.
Real wages in Australia fall by fastest rate on record ahead of Jobs Summit
Australian households are suffering under the sharpest decline in purchasing power on record as “sluggish” wages growth continues to lag behind skyrocketing prices for everyday essentials.
Australia’s inflation rate will soon be published each month. Here’s what that means
Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.
Small businesses are finding it harder to build employee numbers than big business, Employment Hero data shows
New data has outlined how the labour shortage and cost pressures are impacting employers nationwide.
Australia Post parcel shipping will become more expensive next month as fuel costs hit logistics providers nationwide
Small businesses will soon pay more to send their goods via Australia Post, as the service gears up to increase the cost of parcels, shipping bags, and other prepaid products.
The Great Data Divide: How SMEs with accurate data insights are surviving the inflationary cycle
Regardless of industry, across Australia businesses can be divided into haves and have nots by the accuracy and recency of their data.
Australia’s top economists on how to best fix high inflation
Australia’s top economists are divided about how to tackle ballooning inflation of 6.1% that’s forecast to climb to a three-decade high of 7.75% by the end of the year.
“Costs have soared”: With cooking oil prices up nearly 70%, inflation is grilling Australia’s burger joints
With inflation soaring, fast food vendors aren't safe from economic pressures — and the humble burger may be one of the clearest indications of how sharply costs are rising.
Low-income Aussies to be hit hardest by inflation, and RBA says incomes won’t grow until late 2024
Low-income Australians can't do a thing about inflation, but they'll have to wear the cost of dealing with it.
