Healthy jobs market spells rate pain for borrowers
Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.
Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.
Australia's labour market remains tight, with limited spare capacity keeping pressure on already-high inflation and shortening the odds of interest rate hikes.
Fewer Australians are expected to seek fresh employment as the market becomes tighter and artificial intelligence technology creates uncertainty.
Workers will have a say in the rollout of AI through an agreement between a tech giant and unions that has been welcomed by industry and government.
Artificial intelligence is expected to transform employment even more in 2026, both in specialised roles and as an added skill in others.
Pacific workers in Australia to fill key labour shortages are at risk of exploitation and have a widespread fear of retaliation.
The official cash rate is expected to remain on hold when the Reserve Bank decides on interest rates for the last time in 2025.
The nation's biggest food delivery companies have struck a deal with a union to improve the pay and working conditions of the "silent heroes" of the economy.
US employers added a surprisingly solid 119,000 jobs in September, the Labor Department says.
A shock fall in unemployment has wrong-footed analysts and dashed hopes of further interest rate cuts as the treasurer talks up Australia's economic strength.
Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.
Artificial intelligence tools are inspiring more people to create their own software and could help to address Australia's skills gap.
The fate of 1000 workers hangs in the balance as leaders debate the best way to save Australia's biggest aluminium smelter from closure.
Surprising unemployment data has many expecting interest rates are in for another trim, with two key figures in that decision set to give their reaction.
Australia's Generation Z workers are concerned artificial intelligence could shrink their career opportunities but many are still using it.
Three times as many Australian workers are using artificial intelligence tools as last year but executives say they are not seeing transformational changes.
A third mining company in as many days has announced job cuts, taking aim at a coal royalties scheme as it prepares to close an underground site.
A government royalty regime must be reassessed after three coal companies announced job cuts and mine closures in recent days, an analyst says.
A major bank's decision to cut thousands of staff has been described as "unhinged" after it recently posted a half-year cash profit of $3.6 billion.
A judge is deciding who should get payouts from a $90 million Qantas fine after the airline was ordered to pay the record penalty for illegally sacking staff.
The pressure to understand and use artificial intelligence tools is getting to gen Z and millennial workers, with many admitting to exaggerating their talents.
A slim majority of workers believe the government can be trusted to regulate artificial intelligence and most think it will augment rather than replace jobs.
The prime minister has swung his support behind a state's legal work-from-home push as an expert details how officials could move forward with the plan.
More than two in every three creative workers want the federal government to restrict the use of artificial intelligence to protect their jobs.
Australia's second-largest disability employer has avoided sudden collapse but more trouble could be on the way for the strained sector.
Australians are being warned about possible further rises in unemployment after a shock jobless rate jump that has strengthened the case to cut interest rates.
Many Australian businesses are willing to spend on AI but lack a plan to implement the game-changing technology, pushing the nation down the readiness rankings.
Cutting one day from the working week could reduce burnout and increase job satisfaction, a study has found, but it could also boost productivity.
Defending its sacking of a radio presenter will likely cost the Australian public broadcaster more than $2 million, a year after rejecting a settlement offer.
It takes an Australian worker twice as long to build a home as it did 50 years ago, making it all the more urgent to fix declining productivity growth.
Workers have enjoyed their sixth consecutive quarter of pay packet growth as all eyes turn to the Reserve Bank's upcoming decision on interest rates.