Australia’s unemployment rate has risen slightly to 3.8 per cent after 6600 jobs were lost in March, a stronger-than-expected result that will likely end any chance of a mid-year interest rate cut. The jobless rate, revealed today by the Australian Bureau of Statistics, is only a marginal increase on last month’s surprisingly low figure of...
Category: Jobs
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Will Australia’s unemployment rate increase in March, as markets expect?
The Australian Unemployment Rate is expected to have ticked higher in March. Employment Change is foreseen losing momentum after the outstanding February figure. AUD/USD corrective advance may provide bears the chance to sell at higher levels. Australia will publish its monthly employment report first thing Thursday. The Australian Bureau of Statistics (ABS) is expected to...
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Pound Australian Dollar (GBP/AUD) Exchange Rate Rises Despite Underwhelming UK Employment
The Pound Australian Dollar (GBP/AUD) exchange rate strengthened on Tuesday, despite an increase in UK unemployment. At the time of writing, GBP/AUD traded at AU$1.9406, an increase of 0.4% from Tuesday’s opening levels. Pound (GBP) Wavers amid Disappointing UK Employment Data The Pound (GBP) traded within mostly narrow boundaries during Tuesday’s session following the release...
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Three in five Australian white-collar workers are ‘rage applying’ for new jobs
Three in five Australian white-collar workers have rage applied for a new job since the beginning of the year. “Rage applying” is the practice of applying for a new job as retaliation for a bad day at work. The findings come from a survey of more than 2,000 Australian professionals conducted by recruitment company Robert Walters....
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Victoria leads in regional job growth with lowest unemployment – The Moorabool News
NEW data from the Australian Bureau of Statistics has revealed that employment in regional Victoria has risen throughout 2024, resulting in the lowest regional unemployment rate in Australia at 3.5 per cent. February saw an additional 7300 people employed in regional Victoria; the highest growth in the country, pushing the total employment number to a...
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Boeing lands $140m Poseidon upgrade contract – Australian Defence Magazine
The government has signed a $139.5 million contract with Boeing Defence Australia to upgrade the Royal Australian Air Force’s fleet of P-8A Poseidon aircraft’s software, systems and sensors, supporting 50 skilled defence industry jobs. The Poseidon P-8A aircraft is Australia’s maritime patrol aircraft and this work will aim to enhance the aircraft’s anti-submarine warfare, maritime...
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Minderoo: Big jobs cuts at Andrew and Nicola Forrest’s philanthropic foundation
Minderoo spending increased to $268 million in 2022-23, up from $178 million in the previous year. The tax-exempt charity booked $35.2 million in wages and employee expenses, up from $25.4 million. “We have a responsibility to meet the ambition and generosity of our founders (Andrew and Nicola Forrest) and match it with meaningful change in...
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MasterChef Australia 2024: meet the contestants | ScreenHub Australia – Film & Television Jobs, News, Reviews & Screen Industry Data
MasterChef Australia has revealed its 22 contestants for the upcoming edition of the reality show, all of whom will compete for the title of MasterChef Australia winner 2024 and $250,000 in prize money. This season, say producers, will also see a money-can’t-buy prize on offer, with ‘an opportunity of a lifetime’ in store for the...
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Defence Investment Spurs 50 New Job Opportunities in South Australia
Dozens of local jobs will be created in South Australia through a new contract to upgrade the Royal Australian Air Force’s fleet of P-8A Poseidon aircraft. The Albanese Government has signed a $139.5 million contract with Boeing Defence Australia to upgrade the Poseidon’s software, systems and sensors at RAAF Base Edinburgh, supporting 50 new highly...
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Pound To Australian Dollar Forecast For This Week: Australia/UK Unemployment Data
The Pound Australian Dollar (GBP/AUD) exchange rate softened during the first half of last week’s session but shot upward midweek in response to the release of fresh US inflation data. As consumer price pressures in the world’s largest economy exceeded expectations, a risk-off mood prevailed, with traders dialling back rate cut expectations for the Federal...
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Critics say ‘reimagining’ of SA Museum may devastate research capacity and cut jobs
In short: Protesters have rallied against a proposed restructure of the SA Museum’s research and collections division, which the museum’s executive says will make the museum more sustainable. The Public Service Association says the museum is proposing to abolish 27 roles in its research and collections department and replace them with 22 lower-paid roles. What’s next?...
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Chefs could be on the chopping block in migration shake-up
Restaurant owners may soon have to look locally for chefs if the federal government follows through on its “skill-first” migration shake-up. Last year, the government promised to streamline the list of occupations eligible for employer-sponsored visas. It intended to prioritise migrants with in-demand skills who could fill local shortages, replacing an approach Home Affairs Minister...