Treasurer Jim Chalmers has assured Australians that the impact of U.S. President-elect Donald Trump’s tariff plans on the country would be minimal, but added that trade partners might be affected. While addressing the Australian Institute of International Affairs in Canberra on Monday, Chalmers said, “The direct impact on Australia would be relatively mild, but the … Read more
Job openings in Australia recorded a sharp drop by 5.2% for the ninth successive quarter in the three months to August-end across industries, Australian Bureau of Statistics (ABS) data revealed on Thursday. The latest data showed a 5.2% decrease in August compared to May, when it fell by 3.5% from the previous quarter, as the … Read more
Australia’s unemployment rate is expected to peak at 4.5% over the next 12 months, as the private sector is entering a hiring freeze, signaling the country could be on the path toward recession, a new report has revealed. Based on the survey by the accounting firm, Deloitte, 101,500 Australians could become jobless in the next … Read more
IBTimes UK Recent data has revealed that job advertisements in Australia fell by 2.2% in June, for a fifth month in a row, indicating a slowdown in the demand for labor amid persistent economic difficulties. According to the Australia and New Zealand Banking Group and the job website Indeed, the decline is a reflection of … Read more
Support for Australia’s center-left Labor government has fallen to its lowest point in two years due to recent economic difficulties and contentious political discussions about immigration, according to a new survey. When it came to a two-party preferred basis, the Newspoll survey found that there was a stalemate in voter support, with 50% of respondents … Read more
