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Pensioners, mature age critical to resolving retail workforce shortages

Pensioners, mature age critical to resolving retail workforce shortages

by Keeli Cambourne | May 18, 2022 | News

With acute labour shortages continuing as a major barrier to retail recovery, the Australian Retailers Association (ARA) is supporting calls to allow employment income to be exempt from the age pension income test, allowing pensioners to supplement their income and...
Aussie small businesses confident about the future despite challenges

Aussie small businesses confident about the future despite challenges

by Keeli Cambourne | May 18, 2022 | News

The research, carried out by small-business lender Prospa, found that 81 per cent of Australian small businesses expect their businesses to grow in the next two months. This is despite 87 per cent of business owners anticipating challenges within the same time frame....
Extra $433 a month: RBA says interest rates could hit 1.75% by Christmas

Extra $433 a month: RBA says interest rates could hit 1.75% by Christmas

by Shared from Yahoo Finance | May 18, 2022 | News

If this were to happen, the average variable borrower could be paying an extra $443 a month on their home loan by Christmas, according to new analysis from RateCity.com.au. Technical assumptions in the RBA board minutes show the cash rate could increase to 1.75 per...
Telltale signs a business is in trouble

Telltale signs a business is in trouble

by Shared from accountantsdaily.com.au | May 18, 2022 | News

Senior manager business and investment policy Gavan Ord said it could prompt members into having tricky conversations and validate their approach. Mr Ord said clients were often totally unaware of the issues, primarily because they were not talking to people. “No...
Workforce increased 39,000 in April driven by the steep rise in unemployment

Workforce increased 39,000 in April driven by the steep rise in unemployment

by Keeli Cambourne | May 17, 2022 | News

Australian employment fell by 239,000 to 13,151,000 in April driven by a large fall in part-time employment, down 270,000 to 4,442,000. In contrast, full-time employment increased by 31,000 to 8,709,000. The moves in the employment market can be explained by policy...
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