EMPLOYMENT – AUSTRALIA

Resource states recover to drive jobs growth

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Original article by David Uren
The Australian – Page: 6 : 16-Jun-17

The Australian Bureau of Statistics has reported that 42,000 new jobs were added to the economy in May 2017. Full-time jobs accounted for 80 per cent of the 141,000 new jobs in the past three months. New South Wales added 49,000 new jobs over the past six months, while Victoria added 41,000. Resources states Queensland and Western Australia both recorded improved jobs growth in the past six months. Kristina Clifton of the Commonwealth Bank said the recent good job figures means an interest rate cut is unlikely in the foreseeable future.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, RESERVE BANK OF AUSTRALIA

Australian August real unemployment 9.2% – up for first time in 6 months

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 4-Sep-15

Australian employment has increased to a new record in August to 11,578,000 (up a large 437,000 since August 2014). The strong rise in employment has been led by a large increase in full-time employment over the past year to 7,747,000 (up 300,000) and a strong increase in part-time employment to 3,831,000 (up 137,000),according to today’s Roy Morgan August employment estimates. However, despite the strong rise in Australian employment over the past year an increasing workforce means unemployment has also increased – now at 9.2 per cent (up 0.5 per cent in the last month and from a year ago).

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, 7-ELEVEN STORES PTY LTD, UNITED PETROLEUM PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. PRODUCTIVITY COMMISSION, ALIBABA.COM CORPORATION, NEW YORK STOCK EXCHANGE, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Gary Morgan – Solving the ‘cash economy’ is ‘too hard’ for Joe Hockey and Bill Shorten to tackle. Amnesty is the only solution to allow the economy to start afresh

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Original article by Roy Morgan Research
Morgan Poll Update – Page: Online : 4-Sep-15

The 7-Eleven Stores and now United Petroleum scandals confirm what we at Roy Morgan have been saying for years about the "cash economy". A few years ago I asked Opposition Leader Bill Shorten if he would tackle the "cash economy", Shorten’s answer – "too hard"! (Shorten was Employment and Workplace Relations Minister during the Rudd-Gillard-Rudd Governments). Recently I asked Treasurer Joe Hockey the same question at the Australian Chamber of Commerce and Industry (ACCI) Business Leaders’ Summit. Hockey avoided the question and spoke to his talking points. Obviously the only viable solution to deal with cash "rorts" is to declare an amnesty and allow the economy to start afresh – taxes can be cut without putting up the GST. Unfortunately the issues created by Australia’s large "cash economy" are ignored by politicians and the Fair Work Judiciary – many of whom have reached their current positions following careers and close associations with the unions and the ALP.

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, 7-ELEVEN STORES PTY LTD, UNITED PETROLEUM PTY LTD, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. PRODUCTIVITY COMMISSION, ALIBABA.COM CORPORATION, NEW YORK STOCK EXCHANGE, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Productivity Commission Workplace reform conclusions softened by reliance on inaccurate employment data

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Original article by Roy Morgan Research
Market Research Update – Page: online : 17-Aug-15

The Productivity Commission Workplace Relations Framework draft report released on August 4, 2015 is an important milestone for Australia and has the right ideas – however, there are also several things missing from the report that must be exposed and discussed. The biggest problem with the report is its reliance on the ‘politically convenient’ ABS unemployment figures that consistently under-state the real level of unemployment and under-employment in the Australian workforce and the inadequate data on the cash economy. There are two issues in relation to unemployment: the actual numbers in % terms and ‘000s of people; and the trends.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIAN BUREAU OF STATISTICS

Graduates face worst job market in 20 years

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Original article by Tim Dodd, Edmund Tadros
The Australian Financial Review – Page: 7 : 30-Jul-14

Data from Graduate Careers Australia (GCA) highlights the challenging employment market for new university graduates. A survey by GCA has found that just 71.3 per cent of bachelor degree graduates had jobs four months after leaving university in 2013, compared with 76.1 per cent in 2012. The decline was particularly acute among law, accounting and civil engineering graduates

CORPORATES
GRADUATE CAREERS AUSTRALIA, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIAN LABOR PARTY