Business News

Despite record job vacancies, Australians shouldn't expect big pay rises anytime soon – and here's why

Written by David Peetz, Professor Emeritus, Griffith Business School, Griffith University

Ron Lach/Pexels, CC BY-NC

Something extraordinary has been happening for Australians seeking jobs in the past few months.

The number of vacant jobs on offer has soared to a new all-time high.

Figures released in budget week show there were almost twice as many jobs available in February this year – 423,500 – as in February 2020, before...

The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?
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Lighthousebay/GettyHave you ever gone out to bring in your wheelie bin after collection day only to find it still full? That …
As entry-level jobs dry up in NZ, how can we help young people find their way into work?
Getty ImagesGetting a first foothold on the career ladder has never been easy for young workers.But in the past, that path wa…
Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so
Elon Musk’s space exploration company SpaceX has filed confidential papers ahead of a planned public company listing on…
Employment data shows the early signs of AI job disruption are already here
Adolfo Felix/ UnsplashThere has been no shortage of bold claims recently about artificial intelligence (AI) and jobs — …

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…

Perth's Southern Suburbs Are Running Their Own Race
New data shows Cockburn up 18.7%, Melville through $1.47 million, and Perth listings still near historic lows. This is not the national story. The national conversation about property right now is…

Jennifer Westacott speech to the Department of Foreign Affairs and Trade
After the pandemic, the risk is Australia adopts a mission accomplished mindset – failing to confront the significant challenges ahead of us over the next two decades. To meet these challenges…
Australian small businesses have been targeted by cyberattacks
New Data Reveals Up to 309,000 Australian small businesses say they’ve been targeted by cyberattacks, yet many are forced to cut cybersecurity costs Mastercard partners with 18-year-old ethical hacker to create…
Our estimates suggest we can get Australia's unemployment down to 3.3%
MIA Studio/ShutterstockAt last, the government and the Reserve Bank are singing from the same song sheet. Both say they will keep supporting the economy (the government with big deficits, the…

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

Despite record job vacancies, Australians shouldn't expect big pay rises anytime soon – and here's why

The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?

Here’s how using more recycled plastic could ease the pain of oil shocks

Why Melbourne council workers are escalating from skipping bins to a full strike

As entry-level jobs dry up in NZ, how can we help young people find their way into work?

Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so

Employment data shows the early signs of AI job disruption are already here

Traditions of Rural Bali at Villa Sabana

Perth's Southern Suburbs Are Running Their Own Race

Jennifer Westacott speech to the Department of Foreign Affairs and Trade

Australian small businesses have been targeted by cyberattacks

Our estimates suggest we can get Australia's unemployment down to 3.3%

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

Work-life Balance Key to Solving Construction Talent Shortage

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers