Travelex’s Anthony Gray gives an overview of where the Australian market is at. As of 8 April employment is strong, interest rates are steady but the Australian dollar is “dangerously overbought”.
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Falling exports and rising imports will damage Australia’s $102 billion food and grocery industry, according to a new report by the Australian Food and Grocery Council (AFGC) and KPMG. The annual State of the Industry 2010 report details the pressure the sector has come under in the last six years, underlining the $4.5 billion surplus [...]
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More than two-thirds of private companies believe the global economy is on the recovery path, according to a poll conducted by global consultancy KPMG. Seven from 10 businesses surveyed not only believed in the recovery but even more were planning to expand their businesses, with two-thirds looking to hire more staff. Many were also preparing [...]
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Skilled professionals will be in short supply as the world economy recovers, warns Larry Gould, chief executive of Australia‐wide Business Training Pty Ltd (awbt). “Very few employers are taking a ‘Blue Ocean’ approach to their HR strategies and as a result, their SOS calls will not be responded to, with potentially devastating results for the [...]
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The ACTU went before the Fair Work Australia wages hearings yesterday, arguing that low-paid workers deserve a pay rise in line with Australia’s recovering economy. If passed, the rise would put an extra $27 in the pockets of 1.4 million workers per week. ACTU secretary Jeff Lawrence said “it is essential that low-paid workers share [...]
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British Prime Minister Gordon Brown has defended his government’s decision to nationalise financial institution Northern Rock and take control of the banks, saying the move helped saved families and jobs. Brown attacked The Conservative Party, which plans to campaign with ‘Vote for Change’ at the next general election, by saying their policies have remained the [...]
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The rise in coal exports from central Queensland may lead to a skills shortage in the state, warned Kylie Porter, chairwoman of the Mackay Chamber of Commerce. A recent deal with China, which is expected to create 7,000 jobs in central Queensland, is the latest source of benefit to the state’s economy, but could drain [...]
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The US government’s stimulus packages saved 2 million jobs, according to data released by the White House, but the country’s economic future is still uncertain. US President Barack Obama signed off on the $US787 billion stimulus package in February 2009, but the jobless rate still hit double digits during the year. He recently called for [...]
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Despite rising unemployment worldwide, talent shortage will be a global problem in the near future, according to Larry Gould, CEO of Australia‐wide Business Training. Gould will be keynote speaker at Austrade’s ‘Blue Ocean for High Performing Leaders in Turbulent Times’ seminar in Kuala Lumpur, Malaysia later this month, speaking on the benefits of the global [...]
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Results from the World Bank’s annual survey has placed Australia at number nine in the world for ease of doing business. Singapore topped the Doing Business 2010 list, with New Zealand and Hong Kong rounding out the top three. The Central African Republic ranked last, with Greece at 109 the lowest ranked developed country. The [...]
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