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Increasing real interest rates, Victorian lockdown make RBA decision tougher

Increasing real interest rates, Victorian lockdown make RBA decision tougher

The unfolding economic disaster in Victoria could force the Reserve Bank to consider an unusual proposal floated late last month.

  • by Shane Wright

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Unemployed Australians won't fill gaps in agriculture workforce: Farmers
Coronavirus pandemic

Unemployed Australians won't fill gaps in agriculture workforce: Farmers

Farm businesses will remain reliant on overseas workers to fill labour-intensive jobs despite the soaring unemployment rate, the agriculture sector says.

  • by Mike Foley
Seek cancels final dividend amid COVID uncertainty
SEEK

Seek cancels final dividend amid COVID uncertainty

Seek has fortified its balance sheet against the pandemic with the cancellation of its final dividend for the financial year which ended June 30.

  • by Colin Kruger
'I get more by not working': Brisbane business desperate for staff, but no takers
Coronavirus pandemic

'I get more by not working': Brisbane business desperate for staff, but no takers

A Brisbane business owner believes JobSeeker payments have demotivated potential workers and she is struggling for staff.

  • by Toby Crockford
Small businesses losing more than $100,000 as virus bites
Coronavirus pandemic

Small businesses losing more than $100,000 as virus bites

A fifth of small firms have lost more than $100,000 due to the coronavirus recession but many are upbeat about their futures.

  • by Shane Wright
Sinead Simpkins has three degrees but is 'ghosted' by most employers
Employment

Sinead Simpkins has three degrees but is 'ghosted' by most employers

Research shows young people are hardest hit by Australia's unemployment crisis. Rydalmere resident Sinead Simpkins applies for between 10 and 30 jobs per week without any success.

  • by Matt Bungard
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'Response rates have been too slow': Westpac brings call centre jobs back to Australia
Westpac Banking Corporation

'Response rates have been too slow': Westpac brings call centre jobs back to Australia

Westpac is moving 1000 jobs that are being carried out in India and the Philippines back to Australia after complications in overseas operations cost the lender valuable business during the pandemic.

  • by Clancy Yeates
Jobs fall and women bear the brunt as virus hits Melbourne and Sydney
Coronavirus pandemic

Jobs fall and women bear the brunt as virus hits Melbourne and Sydney

The Melbourne lockdown and coronavirus cases in Sydney are hitting the jobs market and consumer confidence.

  • by Shane Wright
Job programs take priority in federal row over tax cuts
Coronavirus pandemic

Job programs take priority in federal row over tax cuts

Policies to create jobs will take priority over calls for faster tax cuts in the next phase of the Morrison government's economic stimulus amid a political fight over the cost of bringing forward $48 billion in personal tax relief.

  • by David Crowe
'Long-term scarring': Young people will suffer their entire working lives from COVID-19
Coronavirus pandemic

'Long-term scarring': Young people will suffer their entire working lives from COVID-19

The coronavirus recession will scar the job and wage prospects of people in their 20s and 30s for years, special Productivity Commission research suggests.

  • by Shane Wright
Women losing out twice as much from JobKeeper 2.0
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JobKeeper

Women losing out twice as much from JobKeeper 2.0

Twice as many women than men will have wage subsidy payments halved from late-September as the federal government's JobKeeper scheme cuts the $1500-a-fortnight help down to $750 for part-time workers.

  • by Jennifer Duke