Job mobility in Australia rose to the highest level in a decade, with almost one in ten employed people switching jobs in the 12 months to February, according to the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said job mobility had been trending downwards for decades before reaching a record…
All Future Coal, Gas, Oil Jobs Will Be Lost for Australia to Achieve Net Zero by 2050: Report
April 24, 2022
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For Australia to achieve net zero by 2050, all coal, gas, and oil projects currently in the construction pipeline would need to be cancelled, according to a landmark report by the Institute of Public Affairs (IPA). “This research reveals that a policy of net zero emissions by 2050 will inflict significant and irreparable economic and…
‘Pandemic Is Far From Over’: Australian Treasury Secretary
Australian Treasury secretary Steven Kennedy has warned that the “pandemic is far from over” and the country needs to remain vigilant against the risks associated with the CCP virus. “As we move through 2021, the pandemic is far from over. We have witnessed the consequences and impacts of second and third waves around the world…
Businesses Lament Being Unable to Find Staff As Skill Shortage in Australia Kicks In
Over one-quarter of Australian businesses are struggling to find suitable staff to fill job voids, the Australian Bureau of Statistics (ABS) revealed in its June Insights into business conditions and sentiments. ABS Head of Industry Statistics John Shepherd said 74 percent of businesses cited lack of applicants as a reason why they struggled to find…
Australian Job Market Boom Brings Profits Increase For Advertiser Seek
Online employment directory Seek has raised its profit forecast as businesses across Australia, and New Zealand, are hiring more workers than expected. On Tuesday (pdf), Seek revised the forecast for its 2021 financial year net profit from $100 million to $140 million and its net income from $460 million to $480 million. Seek reportedly had…
Future of Thousands of Steelwork Jobs in the Air
April 7, 2021
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Thousands of South Australians are looking to the federal government for assurance as the future of Whyalla Steelworks operations remain uncertain. Whyalla’s owner, Sanjeev Gupta, chairman of GFG Alliance, was taken to court by Credit Suisse on Tuesday over the financial collapse of one of its biggest lenders, Greensill. Following its collapse, Credit Suisse is…
Automation to Wipe 1.5 Million Australian Jobs by 2030: Report
February 23, 2021
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Artificial intelligence (AI) and automation will reshape Australia’s workforce and push out 1.5 million workers, or 11 percent of the labour market, by 2030, according to a new report from business and technology consultants Forrester Research. Analysing 391 occupations, Forrester found that over the next nine years, jobs involving highly structured administrative tasks, such as those in finance…
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