Challenges Facing Accountancy: From Perception to Talent Management

The accounting industry is grappling with significant challenges, particularly a dwindling public image and difficulties managing talent. This was the central message that Xero Australia manager Will Buckley delivered, who emphasised the pressing need for change. For many, accountants are...

Unions Threaten Strike at Woodside Energy, Potentially Impacting Global LNG Market

SYDNEY, August 20 - The North West Shelf offshore gas platforms of Woodside Energy Group (WDS.AX) are set to experience a potentially disruptive strike from September 2, following a recent announcement by the workers' unions. This move could severely...

Australian Job Advertisements Show Slight Recovery, But Outlook Remains Uncertain

SYDNEY - Recent data indicates a modest recovery in Australian job advertisements in July, registering a 0.4% increase following a notable 2.7% drop in the previous month. However, market experts warn this uptick might be short-lived. Year-on-year figures show an...

Australians Over 50 Face Work and Health Challenges, Study Shows

A recent study sheds light on the experiences of Australians over 50, particularly those with lower levels of education, who are extending their working years but contending with health issues.  The research by the Ageing Futures Institute at the University...

Exodus of Bhutanese Youth to Australia Triggered by Economic Unhappiness

The reopening of Australia's borders to international students has sparked an exodus from Bhutan as young people seek opportunities abroad amid growing economic concerns in the landlocked Himalayan kingdom. According to recent data, student migration to Australia from Bhutan has...

The “Great Resignation” Continues: Shifting Employee Attitudes and Implications for Employers

Employee attitudes and motivations are undergoing significant changes, impacting all age groups and industries in what experts call the "Great Resignation" phenomenon.  Job loyalty is waning, with even content workers willing to seek better opportunities.  During the Great Resignation period, the...

Nearly 60% of Australian Employers Embrace Retiree Workforce to Bridge Gaps

In a recent report, specialized recruiter Robert Half revealed that approximately 60% of Australian employers have welcomed retirees within the past 12 months to address workforce gaps.  These seasoned professionals are valued for their unique skills and qualities, with 60%...

Uniqlo Australia Discovers Seven-Year Underpayment Issue, Commits to Rectification

Uniqlo Australia, the popular fashion retailer, recently conducted an internal audit revealing a significant staff underpayment over seven years.  The company immediately contacted affected employees to arrange compensation for the wage discrepancies. Errors in calculating wages and superannuation payments were...

RBA Official Warns of Rising Unemployment to Control Inflation and Prevent Recession

The Reserve Bank of Australia's (RBA) Deputy Governor, Michelle Bullock, has warned that Australia's unemployment rate needs to increase to contain inflation and safeguard against higher interest rates and a severe recession.  Bullock suggests that a modest rise in the...

Transforming Recruitment: Meeting the Demands of Australia’s Young and Ambitious Talent

The COVID-19 pandemic and the subsequent Great Resignation have changed the recruitment landscape significantly, shaping the preferences and priorities of students and new graduates in Australia.  These young individuals seek employers who embody dynamism, embrace innovation, and provide an environment...
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