Economy

Long-term unemployment down 40 percent - Newsreel

Long-term unemployment down 40 percent

The post-pandemic labour boom has washed away much of Australia’s long-term unemployment, with a 40 percent fall in four years. A new Productivity Commission report,
Read more 21 May 2024
Alpha HAP worker in Gladstone | Newsreel

World-first refinery confirmed for Gladstone

Gladstone will be home to the world’s largest high purity alumina refinery after Alpha HPA confirmed its investment today. The Australian-based aluminium producer has
Read more 21 May 2024
Older workers are having trouble changing job - Newsreel

Employees averaging over 12 jobs in their careers

Workers are averaging more than 12 jobs between the ages of 18 and 56 and the length of time spent in each one has fallen eight percent in a decade. A new OECD report,
Read more 20 May 2024
Couple on computer worried about bills. | Newsreel

Home loan lenders adding to customer hardship

More than a third of Australians seeking hardship assistance from banks have given up due to complicated applications processes. An Australian Securities &
Read more 20 May 2024
Metal workers using grinders. | Newsreel

Manufacturers set to boost production levels

More than two-thirds of Queensland manufacturers expect to increase production in the next 12 months, according to a recent survey. The CommBank’s latest Manufacturing
Read more 20 May 2024
Six mistakes that hinder careers - Newsreel

The six things that hinder successful careers

By Shane Rodgers Most careers can survive a few ups and downs. You win a few, you lose a few. Sometimes it works out. Sometimes, not so much. When I started writing the
Read more 20 May 2024
Cargo ship at sea. | Newsreel

Sustainability focus in updated trade agreement

An updated trading agreement with our southeast Asian neighbours will include enhanced obligations around sustainability and equality. The Federal Parliament Joint
Read more 20 May 2024
People waiting on chairs.| Newsreel

Unemployment edges higher in changing economy

Australia’s seasonally adjusted unemployment rose to 4.1 percent in April. This was up from a revised 3.9 per cent in March as jobless numbers jumped by 30,000 during
Read more 16 May 2024
Workers wages continue to grow - Newsreel

Wage growth still tracking above 4 percent

Private sector annual wage growth is remaining above four percent, despite a tightening of economic activity and moderating inflation. Australian Bureau of Statistics
Read more 15 May 2024
People wearing masks in crowd

Pandemic ‘amnesia’ in public health response

Australia remains unprepared for the next pandemic following this week’s Federal Budget, according to the Public Health Association of Australia. Association CEO Terry
Read more 15 May 2024