- Outback Briefs
- Archive
- Page 12
Archive
🦘 Aussies Working Double-Time, The Retail Stores Keeping Prices Low, Optus Network Director Says Goodbye
In the land down under, almost a million folks are working an extra job to make ends meet, thanks to the unrelenting squeeze of cost-of-living pressures. The Australian Bureau of Statistics dropped a bomb with stats revealing 970,700 multi-jobbers as of December 2023, a noticeable jump from just three months prior.
🦘 Australia’s Most Trusted Brand, Optus Hit With Huge $1.5 Million Fine, ASX Caught With 8,417 Rule Breaches
In a surprising twist, Bunnings snags the crown as Australia's most trusted brand, elbowing out Woolworths in a dramatic turn of events! Roy Morgan's latest research paints a vivid picture of the trusted and distrusted brands down under, with Qantas' reputation taking a nosedive, securing a spot among the least trusted.
🦘 Australia’s Per Capita Recession, Bitcoin’s All-Time High Rollercoaster, Elon Dethroned As World’s Richest Man
Australia's economy hit a speed bump in the last quarter of 2023, growing a mere 0.2% as higher interest rates and living costs weighed down household spending. Year-on-year, growth stood at 1.5%, the slowest pace since 2000, excluding pandemic years.
🦘 The Government Scheme Helping Homebuyers, AI Saves Workers 6.2 Hours Per Week, Aussie Health Premiums Set For Major Increase
As Australia grapples with the dream of homeownership, the Help to Buy scheme wades into the debate. Economists, crunching numbers in Senate chambers, suggest this government's shared equity initiative might just tickle the housing market, nudging prices by a "very small amount."
🦘 Concerning Unemployment Indicators, Popular Pizza Chain Goes Into Administration, Aussies Spend $1 Billion In Card Surcharges
Hold onto your resumes, folks! Australia's job landscape is looking a bit shaky, with the ANZ-Indeed Job Ads report showing a 2.8% drop in job listings from January to February 2024. This isn't just a blip on the radar; it's a 12.4% dive compared to last year, signaling a potential uptick in unemployment from the current 4.1%.
🦘 Aussie Firms Trying To Understate Profits, Westpac Under Fire From The FSU, Art Market Highlights Disparity In The Economy
In a curious twist, Australia's big companies are dialing back the profit party, not because they can't make more dough, but because making too much could attract the wrong kind of attention. Amidst political and public uproar over alleged price gouging by giants like Qantas, Coles, and Woolworths, showing off hefty profits is no longer ‘best for business’.
🦘 The Biggest Pay Rises Across Australia, Harvey Norman Bets Big on AI, Aussies Work Harder But Productivity Takes A Dip
Dreaming of a juicier paycheck? It's time to jump ship! SEEK's latest dish on dough reveals that folks switching gigs bagged salary bumps 1.6 times fatter than the stay-putters. On the Aussie job front, advertised salaries are up by a respectable 4.5% year-on-year.
🦘 Inflation Behaves Nicely, Airfare Costs Predicted To Fall Further, Ambitious Plans To Revolutionise Renting In The City
Australia's inflation saga took an unexpected turn in January, staying put at 3.4% year-over-year, precisely where it camped out in December. Forecasters who'd bet on a slight uptick to 3.6% found themselves out in the cold, as the inflation rate matched its lowest ebb since November 2021, according to the latest from the Australian Bureau of Statistics.
🦘 Gender Pay Gap Data Released, Bitcoin Skyrockets To New Yearly High, Albo's Supermarket Quest Continues
It's 2024, and Aussie women are still getting shortchanged! The latest scoop from the Workplace Gender Equality Agency (WGEA) reveals that the median Australian woman earns a staggering $18,461 less than the median male. That's a hefty 19% less cash in the purse.
🦘 The 4-Day Work Week Dream, Major Housing Developments Required, $10M For Online Car Auctioners
Remember dreaming about a 3-day weekend? Well, for a bunch of lucky ducks in the UK, that dream's turned into their Monday-to-Friday... or, well, Thursday. After the world's largest trial run of the 4-day work week, it turns out the concept isn't just a fleeting fad.
🦘 Game-Changing HECS Reform, Nvidia vs Aussie Economy, Cybersecurity Breaches On The Rise
Big news for uni students and grads: Labor's mulling over some game-changing HECS reforms post a landmark education review. Think bigger uni spots, slashed fees for some courses, and a loftier tertiary education rate.
🦘 Wages Finally Catch Up With Inflation, The Race To Rescue Godfreys Continues, ANZ Makes A Monumental Move
2023 turned out to be the year Aussie pay packets got a bit plumper, with wage growth finally outpacing inflation for the first time in three years. The biggest winners? Those in healthcare and social assistance, who saw their wages jump by 5.5%. Education and training folks weren't far behind with a 4.8% increase.