Economy

HomeEconomy

AI replacing up to one-in-three entry-level roles

New data showing almost 20 percent of businesses have replaced entry-level accounting roles with artificial intelligence (AI), has prompted a warning from the

Wage rates submission puts hiring of juniors at risk

More than three-quarters of retailers would stop hiring young people if junior wage rates were abolished. New research, commissioned by the Australian Retailers

Positive signs of wellbeing … if you’re old and live in a city

Aussies believe the nation is heading in the right direction, but opinions vary depending on your age and where you live. The insights were revealed in the latest

Grocery costs 40 percent higher through delivery apps

Australians could be paying a premium of as much as 40 percent buying groceries through delivery apps, as opposed to directly at supermarkets. CHOICE Editorial Director

Flexibility sets Australian workers apart from global trends

Australian workers list flexibility ahead of pay as the main factor keeping them from leaving their job in search of other opportunities. The latest ADP People at Work

First Australian projects to benefit from US minerals deal

Mining projects in Western Australia and the Northern Territory will be the first to benefit from a critical minerals agreement signed with the United States. Prime

New guidelines for dentists as $817m pulled from super

A more than 50 percent jump in the amount of superannuation accessed for dental work has sparked the release of new guidelines from the dental profession’s peak

4.5% unemployment rate highest since 2021

Australia’s unemployment rate is at its highest level in almost four years. The latest Australian Bureau of Statistics (ABS) data shows the seasonally adjusted

Young AI-fluent workers have “eyes wide open”

Australia’s first AI-fluent work cohort is embracing the technology, despite most believing it will lead to fewer jobs. A new Microsoft Australia survey found Gen Z

Superannuation retreat fixes some, but not all, flaws

By Natalie Peng After months of vociferous pushback from the superannuation industry and wealthy investors, Treasurer Jim Chalmers has softened his proposed super tax

Subscribe to our newsletter

Newsletter