Consumer Confidence Rises After Hitting A 15 Month Low
Consumer confidence across Australia increase by 2.2 percent after previously dropping to its lowest level since October 2020. While respondents’ confidence in ‘current financial conditions’ jumped by 6.3 percent. According to a recently published survey undertaken by ANZ and Roy Morgan, this uptick pushed consumer confidence slightly above neutral at 100.1 for the week of […]
Online Sales for Myer Increase By 54 Percent
As Australia continues to tackle its current wave of the Omicron covid variant, online sales for retailer Myer increased by 54 percent. In-store sales were hampered significantly however, overall sales had actually improved in the five months before January. Total sales for the five months ending the 1st January 2022 were 12.3 percent higher than […]
The City of Melbourne Is Asking For More Government Support To Help Businesses
The City of Melbourne is asking for the introduction of another round of federal government support to help struggling businesses and to offer incentives to boost sales. This follows the release of a recently published survey by the Melbourne City Council outlined that three in four businesses are struggling to survive the current Omicron outbreak. […]
Victorian Government Joins Forces with Supermarkets to Tackle Workforce Shortages
Victorian Premier Daniel Andrews has announced that the Victorian Government will be joining forcing with leading supermarket chains to fill workforce shortages by linking thousands of Victorian based jobseekers with food retailers. After announcing the campaign earlier this month, Jobs Victoria can reveal that they have already received more than 2,000 Victorian jobseekers expressing their […]
Consumer Confidence in Australia Drops to A Three Decade Low
As the number of covid-19 cases continue to rise across Australia, customers are avoiding spending as much money as possible. This is despite the fact that Australia ended 2021 on an economic high. However, according to research compiled by ANZ and Roy Morgan, Australia’s consumer sentiment dropped this month as concerns about the explosion in […]
South Australia Unemployment Rate Drops to Its Lowest Level Since 1978
The unemployment rate in South Australia has dropped to an unprecedented record low of 3.9 percent for the month of December 2021. These figures provided by the Australian Bureau of Statistics (ABS) demonstrate that the current jobless rate in South Australia is the lowest it has ever been since monthly records commenced in 1978. “South […]
Job Vacancies Across Australia Reach a Record High
Data collected in the weeks leading up to the current outbreak of the Omicron variant has highlighted that job vacancies in Australia are at a level that’s higher than ever before. The recently published figures complied by the Australian Bureau of Statistics (ABS), illustrate that the number of vacancies reached fresh highs in November 2021. […]
Vaccine Mandate For Western Australian Businesses to Expand On 31st January
From Monday 31st January 2022, Proof of vaccination requirements will apply to venues and events state-wide in Western Australia. The mandate is an expansion of the already existing covid-19 related rules that aim to reduce the transmission of covid-19 occurring in high-risk venues. Since Tuesday 4th January, proof of vaccination has been required for a […]
Some Restaurants Are Losing Over $100,000 A Week During Omicron Outbreak
A few months ago, restaurant owners across the country were getting excited to see the re-commencement of interstate travel across Australia. Hospitality establishments assumed that more freedoms to travel would result in more dollars being spent by customers. Unfortunately, the surge of the Omicron covid-19 variant means that hospitality venues are now struggling even more […]
Australian Workers Waiting 11 Months for Unpaid Superannuation
Workers who lodge an unpaid superannuation related complaint with the Australian Tax Office (ATO) have to wait eight months on average for their case to be closed, and it’s a lag that the Government needs to address, politicians and super experts have warned. Over the duration of the 2021-21 financial year, the average time between […]