Wages soar, profits slump on commodity price falls
The private sector wages bill rose 2.9 per cent in the September quarter to be 11 per cent higher through the year, the fastest pace since 2007, partially reflecting more people in work but also a sharp acceleration in wages.
New Christmas spending forecasts grow to $66 billion
The Australian Retailers Association (ARA) has bumped up its pre-Christmas spending forecasts by another two billion, now predicting a record $66 billion will be spent in the November to December Christmas trading period.
Workplaces urged to stay focused on safety this festive season
NT WorkSafe urges Territory businesses and workers to focus on working safely leading-in to the festive season.
Food and Grocery Code of Conduct
On 30 September 2022, the Assistant Minister for Competition, Charities and Treasury, the Hon Dr Andrew Leigh MP, released the terms of reference for the review of the dispute resolution provisions in Part 5 of the Food and Grocery Code of Conduct (the Code).
New figures show agriculture is booming despite floods
Despite devasting floods across five states, Australian agriculture has had an outstanding 12 months according to new data from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
The Governor in Council by Order made under section 10 of the Public Administration Act 2004: (a) establishes the Department of Government Services; (b) changes the name of the Department of Transport to the Department of Transport and Planning; (c) changes the name of the Department of Jobs, Precincts and Regions to the Department of Jobs, Skills, Industry and Regions; (d) changes the name of the Department of Environment, Land, Water and Planning to the Department of Energy, Environment and Climate Action; and (e) changes the name of the Department of Education and Training to the Department of Education. This Order comes into effect on 1 January 2023.
Making business better will only come with eInvoicing scale
eInvoicing needs a large volume of participants to truly be effective – and it’s government and the big end of town that can make this happen.
Cyclone reinsurance pool: lobby group urges Allianz to act on strata
The Australian Consumers Insurance Lobby (ACIL) has pressed Allianz to speed up the transition of its residential strata portfolio into the cyclone reinsurance pool, as “serious market failures” have left consumers in the north struggling to find cover.