Prime Minister Scott Morrison says the official unemployment rate will now hit 10 per cent by the end of the year but concedes the effective unemployment rate is much higher than that. If you are looking for a job, are there any out there? Is it even worth applying? Speaking with Brooke Corte, Adecco Managing […]

Victoria’s unprecedented lockdown restrictions will shut down most of Melbourne’s retail shops, close almost every professional service office, and greatly curtail manufacturing and construction for the next six weeks. More than 250,000 additional workers could lose their jobs. Australian Retailers Association CEO Paul Zahra says today’s decision will have a devastating impact on Victorian businesses. […]

Fortescue Metals has broken its own production record, shipping 178.2 million tonnes of iron ore and taking advantage of surging demand from Chinese steel producers amid sky-high prices. The record result was lapped up by investors and saw the share price of the company climb by about 4%, and up by more than 100% since […]

Queensland premier Annastacia Palaczczuk’s sudden decision to declare all of Greater Sydney a coronavirus hotspot and ban residents from visiting the state will deliver another crushing blow to the state’s struggling tourism sector. The decision to close the border to Australia’s most populous city comes after two returning teenage travellers tested positive for coronavirus after […]

Industry groups claim Australia has the highest minimum wage in the world which could put economic recovery at risk. The Fair Work Commission raised the minimum wage 1.75 per cent in June to $19.84 an hour or $753 a week. Australian Industry Group CEO Innes Willox told Ben Fordham the high rates make it difficult […]

Sting, Madonna, Cher, Bono… and Jim. As in, Jim’s Mowing, Australia’s mononymous gardening and services pioneer, with teams of tradies in green shirts mowing lawns, fixing roofs, plugging leaks and straightening antennas in suburbs across Australia for more than 30 years. Since founding the eponymous gardening empire in the 1980s, Jim Penman now runs Jim’s […]