News

Delve into a comprehensive overview of Australia’s economic dynamics.

In the face of rising unemployment rates and heightened interest rates, August witnessed a remarkable 1.9% surge in job advertisements, following a 0.7% increase in July, as per ANZ-Indeed data.

A Remarkable Stride: Australia’s Gender Pay Gap Achieves Historic Low of 13%.

CEO Kris Grant with @‌Guardian emphasises the need for all employers to take action with pay audits and transparency.

The number of women entering the workforce or shifting to full-time employment has surged over the past year, helping to push up growth in wages for women above men, narrowing the gender wage gap across Australia.

Women are making their mark in Australia’s workforce like never before, with a historic high of 62.6% participation and wages outpacing men’s.

As the financial landscape continues to evolve, one notable trend emerges — a 33% increase in mortgage repayment arrears lasting between 30 to 89 days. This shift, observed between the June quarters of 2023 and 2022, can be attributed to the transition from low fixed rates to higher variable rates as borrowers exit their initial fixed terms.

Are you seeking a pay raise in Australia?

Research shows 95% of employers plan to increase salaries. To maximize your chances, focus on performance, responsibilities, and expertise.

The Diversity, Equity, and Inclusion Report 2023 highlights the crucial need for businesses to prioritise diversity, equity and inclusion (DEI) efforts. Kris Grant with the HR Leader discusses how we must bridge the gaps and build trust to create an inclusive workspace.