The Average Australian Workers Earns Just Over $60,000
Recently published data from the Australian Tax Office (ATO) has revealed that the average salary in Australia is just over $60,000. Figures from the 2018-19 financial year showed that the average salary for Australians who submitted tax returns was $63,085. This is an increase up from $1634 recorded in the previous year. The median reported […]
Australia’s Unemployment Is the Lowest It’s Been Since February 2020
Recently released figures from the Australian Bureau of Statistics (ABS) has shown that Australia’s unemployment rate is continuing to fall. The latest data shows the unemployment rate dropping 0.4 percent points to 5.1 percent during the month of May 2021. The figures published by the ABS revealed that approximately 115,000 Australians found new positions of […]
1 In 3 Australians Are Currently Looking For A Career Change
Newly published research illustrates that as many as 38 percent of Australian workers intent to quit their jobs over the new 12 months. This same survey revealed that a further 39 percent of workers admit to being open to new opportunities. Some of the reason’s workers were keen to look for new positions of employment […]
The Australian Government Announces $1.2 Billion Digitalisation Package
The Australian Government has announced that it intends to make a huge investment in digital education for works, along with artificial intelligence, incentivising investment in game, refreshing government services, digitising SMEs, data management, emerging aviation technologies and cyber security. The ambitious new technology package is worth $1.2 billion was announced on Thursday the 6th May […]
Federal Government Announces Superannuation Boost For 300,000 Australian Workers
As part of the 2021 Federal Budget, The Australian Government has announced that businesses part-time and casual employees will now have to pay for their superannuation as the government discontinues the $450 minimum income threshold. Under the current rates, employees earning under $450 a month are not required to be paid the superannuation guarantee by […]
Number of Long-Term Unemployed Australians Has Increased By 39 Percent Over the Past Year
Figures from the Australian Bureau of Statistics (ABS) released on Thursday 29th April illustrate that long-term unemployment in Australia is at the highest it has been in over 26 years with more than 244,000 people out of work for at least 12 months or more. The number of long-term unemployed Australians has risen by almost […]
The Current Rate of Underemployment in Australia
When the Australian Bureau of Statistics (ABS) releases its monthly survey of the labour force, a person is only required to work a minimum of 1 hour a week to be considered as “employed”. On the surface this might make people believe that the government is trying to manipulate the unemployment data to make the […]
The Queensland Government Announces the Business Growth Fund Program
The Business Growth Fund Program (BCF) is a new program announced by the Queensland Government. The BCF provides funding to small and medium-sized businesses experiencing high-growth to buy specialised equipment to unlock growth potential, increase production, expand your workforce and maximise economic returns. Applications opened on Tuesday 11th May and will remain open until funding […]
The Queensland Government’s Small Business Covid-19 Adaption Grant Program
The purpose of the Queensland Government’s “Small Business Covid-19 Adaption Grant Program” is to support small businesses subject to closure or who have been highly impacted by covid-19 enforced shutdown restrictions. This program aims to help small businesses to adapt and sustain their operations, whilst building resilience. The program aspires to help small and micro […]
70,700 New Job Were Added to The Australian Workforce in March 2021
The Australian Bureau of Statistics (ABS) has announced that almost 71,000 new jobs were added to the Australian workforce between February and March 2021. The total hours worked has also returned to the same levels that were recorded prior to the covid-19 pandemic. These figures are also illustrating hat there is a big increase in […]