Job mobility rises over the 2nd year of the pandemic

Job mobility rises over the 2nd year of the pandemic

This was the highest job mobility rate in a decade. Bjorn Jarvis, head of labour statistics at the ABS, said job mobility in Australia had generally been trending down for decades and reached a record low of 7.5 per cent during the first year of the pandemic. “As the...
SME Recovery Loan Scheme extended

SME Recovery Loan Scheme extended

Phase three of the scheme was due to expire on 31 December 2021, but under the proposed extension loans will be available from 1 January 2022 until 30 June 2022 with a reduced Government guarantee of 50 per cent. The scheme is open to SMEs with up to $250 million...