Job vacancies rose in the three months to May, showing the labour market remains as tight as a drum and exhibits no sign of a downturn, the latest official employment figures show.And employers still need to offer incentives to retain and hire staff, prompting the spectre of an inflationary...
Business conditions deteriorated sharply in June to their worst levels in six and a half years - amid a slowdown in sales, falling consumer confidence and accelerating costs, a survey says.National Australia Bank Ltd's NAB business conditions index fell seven index points to zero points in June, the weakest...
Engineering construction is likely to remain a bright spot in an otherwise slowing economy given the backlog of work and planned spending on infrastructure by state governments, economists say.It should also mean that any rise in unemployment should be mild.Data released Tuesday by the Australian Bureau of Statistics showed...