Australian Economy

Survey states Australian Employment requirements are rising

Survey stating that Australian Employment requirements are rising despite of Global economic uncertainty A survey of Australian business leaders has shown that local sentiments towards hiring and job growth remain high despite financial uncertainty abroad. Researchers at recruitment specialists Hudson have interviewed over 4,000 employers across the country in their effort to gain an understanding […]

Australia jobless percentage is maintaining low

Australia’s unemployment rate remained steady at 5.2 percent in December, data showed Thursday, but economists said the jobs market was weakening and raised the likelihood of an interest rate cut. It came in the same as the revised November figure and compared to a consensus forecast of 5.3 percent. The Australian Bureau of Statistics said […]

Australia Among World’s Most Competitive Economies

The Australian economy is expected to grow well above its trend rate, in 2010 and 2011. Australia is the world’s fifth most competitive economy, according to the recently released IMD 2010 World Competitiveness Yearbook. The country was up two places from its 2009 ranking. The World Competitiveness Scoreboard features, 58 industrialized and emerging economies, grouped […]

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