Lockdowns have disproportionately affected workers for small businesses compared to large businesses, according to an analysis by the Institute of Public Affairs (IPA). The analysis of Australian Bureau of Statistics (ABS) unemployment data found that between June 26 and July 17, 420,000 jobs were lost—or 20,000 a day. The New South Wales (NSW) jobs sector…
Lockdowns Devastate Small Business and Leaves Economy Dominated by Large Corporations
Greater Sydney Lockdown Cost State 10,000 Jobs a Day in First Half of July: IPA
August 6, 2021
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Greater Sydney’s extended lockdown has cost the state economy over 10,000 jobs a day, based on the Institute of Public Affairs (IPA) analysis of the latest data. The Australian Bureau of Statistics (ABS) revealed on Thursday that during the fortnight to July 17, the number of payroll jobs fell 2.4 percent across the nation. However,…
Australian Manufacturing Grows at Fastest Rate in 3 Decades Despite Massive Labour Shortages
June 30, 2021
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According to the nation’s peak industry group, Australia’s manufacturing sector delivered its highest monthly growth in almost 30 years. The Australian Industry Group’s (Ai Group) Australian Performance of Manufacturing Index (pdf) rose by 1.4 points to 63.2 points in June, which is the highest score since the Index began in 1992. “The 2020-21 financial year…
Consumer Confidence Increased on the Back of Low Unemployment
June 21, 2021
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Australian consumer confidence has surged despite the negative economic impact of Victoria’s fourth lockdown and the emergence of a new COVID-19 cluster in Sydney. According to ANZ-Roy Morgan’s consumer confidence index, it has risen 1.3 percent this week to 112.4 points, which is above the weekly average score and 14.9 points higher than the same week…
Core Strength: Why It’s Important and How to Maintain It
Many people have become more sedentary in recent times with lockdowns and working from home because of the COVID-19 pandemic. If you’re moving less, this may have affected your core strength. Or, you may just be thinking you need to improve it. So, what exactly is the core? And why is it important to have…
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