The latest ABS Labour stats for Australia are out, and (relax!), there’s good news. Labour, according to the released statistics, shows significant increases in jobs across Australia, with 121,000 jobs created in August. This comes with a 0.3 per cent drop in unemployment, down from 6.4 per cent from the previous month. Experts: Caught happily…
According to the G20 Young Entrepreneurs Alliance (G20YEA), in developing countries almost 90% of jobs are generated by small and medium-sized enterprises. They account for 52% of GDP and 64% of employment and, more importantly, create all the net growth of jobs and account for the majority of hiring of youth. I t is no…
The coming of the Internet age has made starting a business way easier than ever before in all aspects: raising capital, marketing, hiring, you name it. However, the number of students involved in start-ups and entrepreneurship is still conspicuously dismal. Why? Well, many still truly believe the degree they are staying up late for is…
The prophets of gloom and doom suggest that the economy will struggle without a high-flying mining sector. But the fact is that the economy is constantly evolving and responding to change. One huge change in the operation of the economy is the trend for consumers and businesses to purchase goods online, requiring the goods to be stored and distributed to end purchasers.
Australian CEOs are sceptical about the next six months. Many were doubtful that overall business and economic conditions would improve by the end of the year. Less than a third (31%) thought they would be better in six months’ time, while almost one in four (22%) thought they would get worse.
RMIT economist Alberto Posso talks about the latest unemployment data and the issue of remittances from migrants sending money home to their families. Download this podcast to hear his take on how remittances can shape the government’s foreign aid policy.
In this podcast, Garry and Leon talk about the surprising growth in Australian GDP and soaring gross operating profits. Confidence among Australian farmers has reached a two and a half year high with rising commodity prices and winter rains. But unemployment is rising and companies are paying out less with dividends.
RMIT economist Alberto Posso presents his findings on unemployment trends based on numbers from the Australian Bureau of Statistics. He says that a significant challenge for a recovering economy is reducing the number of underemployed workers who have been unable to find full-time work.
In this podcast, economist Sinclair Davidson looks at the latest unemployment figures. He says the rise to 5.3% is not as bad as it seems because it shows the job market is picking up with more people looking for work.
RMIT economist Sinclair Davidson says the Federal government has dodged a bullet with inflation. He says we are now looking at 4.5% unemployment and praises the Federal Government and coalition now bidding to lower corporate taxes.
It’s been a heavy news week. Talking Business is a podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. Just press play to listen.
Leon and Garry look at how the RBA has cleared the way for an August election by keeping rates on hold at 4.5%. Inflation is building a head of steam with the latest jobs figures showing unemployment now at 5.1% and the ANZ jobs series showing more companies are hiring.
Recognise yourself in any of these? Then it could be time to get back to work.
The latest DHL Export Barometer reveals that, far from dropping like flies in the current environment, Australian companies that export are weathering the storm remarkably well. Why? Because of their commitment to education and human capital.
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