Slowing job market projected to hit young workers the hardest A slowing pace of annual growth in payroll jobs, which tracks the number of employees on employer payrolls, points to a slowdown in labour market growth.
Australians working record number of hours to ‘stand still’ The Reserve Bank of Australia has been warning about slow productivity growth in the context of returning inflation to target in a timely matter.
Gender pay equity data hides wide differences between individual businesses Businesses well advanced in their equity journey were seven times more likely to set targets to reduce gender pay gaps than firms just starting.
Sluggish retail growth as consumer spending hits historic low A 0.2% lift in retail sales was recorded by the ABS in August following a stronger 0.5% uptick in July and a 0.8% fall in June.
Federal government earmarks additional $41 million for net zero, AI and care economy graduates Skills and Training Minister Brendan O'Connor said the reforms would set the vocational education and training sector up for the next generation of workers.
“Unworkable”: Business groups slam Labor’s workplace reforms Business groups have directed a barrage of criticism at the Albanese government's proposed workplace reforms aimed at protecting the pay and conditions of workers.
Firms with 15 or fewer staff excluded from new labour hire crackdown Small businesses will be carved out of the federal government's workplace changes designed to stop labour hire workers from being underpaid.
Australian economy tipped for a soft landing as inflation falls A soft landing for the economy remains on the cards as the Reserve Bank maintains it's possible to drive down inflation without sacrificing growth.
Small businesses hit the hardest by tumultuous economic conditions Small and medium-sized businesses have observed a slowdown in profitability, employment and trading conditions.
AI technologies could boost Australian productivity, add $115 billion to the economy The research, prepared by Accenture, found 70% of the economic value would come from an uplift in productivity across existing industries.
RBA to get its first-ever woman governor in Michele Bullock The Reserve Bank of Australia will get its first woman leader as the federal government chooses not to extend Philip Lowe's tenure.
No extra cost of living relief but budget repair job is underway: Chalmers Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.
