AUSPol Economy

Australia’s Underemployment Rate Rises

#Recession #UnderEmployment #Unemployment Australia’s unemployment rate has remained steady at 5.2%. While that might sound like good news, it is masking an increase in our underemployment rate and part-time work due to the election. References Unemployment remains steady at 5.2pc despite an extra 42,300 jobs


Australia’s Retail Recession

#Recession #Retail #NAB Recent NAB survey data indicates that while business confidence is up Australia’s retail sector is in recession the list of which have not been seen since the GFC. While many are hoping the recent RBA rate cut will help stimulate the economy, I think consumer confidence might be different. References NAB business […]