Business News

Unemployment is staying low at 3.5%. But for those out of work, here's why it's become harder to get a job

Written by Jeff Borland, Professor of Economics, The University of Melbourne

Shutterstock

Slower employment growth, faster population growth and a steady rate of unemployment are the main stories from the Bureau of Statistics’ labour force update, released on Thursday.

Employment climbed by 32,600 between May and June, while the population grew 49,900. The rate of unemployment (happily) remains fixed at 3.5 per cent,...

NZ’s over-reliance on roads for freight means natural disasters hit even harder. But there is a fix
In the aftermath of Cyclone Gabrielle, the driving time between Napier and Wairoa stretched from 90 minutes to over six hours…
‘The pay is not worth the stress’: research finds 10% of lawyers plan to quit within a year
Momentum studio/ShutterstockNo one goes into the legal profession thinking it is going to be easy. Long working hours are fai…
In the trade war, China has moved to curb supply of critical minerals. Can Australia seize the moment?
China has placed curbs on exports of rare germanium and gallium which are critical in manufacturing.ShutterstockIn the escala…
Could you accidentally sign a contract by texting an emoji? Here’s what the law says
Parkova/ShutterstockCould someone take you to court over an agreement you made – or at least appeared to make – b…
Half of Australian landlords sell their investments after 2 years, adding to renters’ insecurity
Marc Bruxelle/ShutterstockAustralia’s renters have to battle rising rents and a lack of available properties. They also…
We compared the Labor and Coalition’s income tax proposals to see who benefits most
ShutterstockWe now have the competing bids for our votes by the alternative governments on income tax policy. From Labor, fut…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Dual Living Homes in Sydney: Smart Design for Modern Living
Dual living homes are growing in popularity in Sydney due to rising housing costs and shifting family dynamics. Smart layouts with privacy and flexibility allow multiple households to live…

It’s the budget cash splash that reaches back in time
Talk about retrospective. In his determination to quickly inject money into the economy (for economic as well as political reasons), Treasurer Josh Frydenberg has reached back in time to give…
Could Business Asset Finance Be Your Solution During COVID?
Small business owners are increasingly looking at alternative solutions for financing during COVID times. Is business asset finance a viable option? In a rare turn for 2020, the news lately has…
How Do I Know if a Business Has My Best Interests at Heart?
In a world with so many options for consumers and customers, spending your money on products made by good people can be a tricky business. After all, how can you…

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Launchd Takes Off: Former AFL Stars Lead Tech-Powered Platform Set to Disrupt Talent and Influencer Marketing

Backed by Institutional Capital, Launchd Combines Five Leading Agencies and Smart Technology to Deliver Measurable Results Influencer marketing i...

Meet the Australian fintech unlocking rewards for small businesses

Small businesses make up 98 per cent of all businesses in Australia, yet they continue to bear the brunt of economic uncertainty. According to Credi...

Teleperformance (TP) Business Insights Report Reveals Key Shifts in Consumer Behaviour

TP’s Business Insights report into consumer behaviors and preferences, taking in more than 57,000 respondents across 19 sectors, is shedding new li...

HubSpot launches platform-wide AI tools to help businesses close the adoption gap

HubSpot today unveiled more than 200 updates across its customer platform to help businesses grow better. The release introduces smarter tools, new AI...

Why Every Leader Needs a Personal Branding Strategy in 2025

One of the best investments you can make in 2025? Your Personal Brand.In today’s competitive and digitally driven business world, authenticity and...