Category: Business
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Australian Economy Enters First Recession in 30 Years
The Australian economy has entered into its first recession in 30 years due to COVID-19 induced global economic instability. The June quarter GDP numbers show that the economy shrunk by 7% within that time, the Australia Bureau of Statistics (ABS) revealing this has been the biggest drop in GDP since it was first recorded in…
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University Graduates faced with unemployment amid Covid-19 economic downturn
University graduates are at risk of unemployment as they graduate into a job market where supply exceeds job demand. This comes as Australia’s seasonally adjusted unemployment rate rose to 7.5% in July 2020, making it the highest jobless rate since November 1998 as reported by the Australian Bureau of Statistics. University graduates have become increasingly…
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The Best Engagement Ring Jewellers in Australia
Finding the perfect piece to mark your special occasion can be somewhat of a challenge. Whether you’re looking for a statement engagement ring or a timeless wedding band, you want to know you are shopping with the best. So we did the work for you! Here you will find the best engagement ring jewellers in…
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Rodney Adler discusses the economic impact of Covid-19
After the 2007 – 2009 financial crisis, the structural problems and imbalances that were created by the financial collapse and recession were made much worse by policy mistakes. Governments, around the world, mostly postponed the crisis instead of dealing with it thereby making another crisis inevitable. That crisis has now arrived and by itself would…
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Rodney Adler breaks down the stimulus package and the future effect of Covid-19 on our economy.
The Australian government under the leadership of Scott Morrison has done an excellent job dealing with the economic implications of the coronavirus and of course the handling of the virus itself. With less than 7300 cases and currently just over 100 deaths, the leadership of Australia can be rightfully proud. Everything done to date can…
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Rex set to rival major airlines
Regional airline Rex is looking to expand their domestic services starting from earlier next year. The move comes after controversy surrounding Rex’s substantial government bailout as the federal government scrambles to provide support for the aviation sector during the Coronavirus pandemic. The small airline received more money from the Morrison government than Qantas and Virgin…
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NSW to relax COVID-19 restrictions for up to 10 people on Friday, May 15. How will this affect small business?
While excited citizens get ready for a much needed rendezvous in the park this weekend, some question the viability of the 10 person rule for bigger businesses like pubs, clubs and restaurants. Just yesterday, NSW premier Gladys Berejiklian announced there will be a state-wide relaxing of COVID-19 restrictions extended to clubs, and pubs. From Friday…
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Nobby Kitchens brings Kitchen Design to your door!
The Nobby Kitchens team understands how difficult it can be for customers to move forward with their renovations during these uncertain times. In order to minimise disruption and delays, kitchen industry experts, Nobby Kitchens, are offering free online Home Design Appointments and Video Consultations. These calls are available now to both current and future projects.…
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Freelancers talk: How Coronavirus is affecting the most vulnerable jobs
As the unprecedented Corona crisis hits, Australian freelancers are struggling to keep their jobs. In Australia, freelancers occupy 10% of the job market, providing highly skilled, independent labour for the Australian workforce. Unlike traditional job roles, freelancing works on a project to project basis, offering virtually no job security. Without paid leave, consistent wages, and long-term…
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LVMH obtains good samaritan status, supplying free hand sanitiser in France.
French luxury brand giant LVMH, just announced it will move three of its perfume factories into hydroalcoholic gel production this week. In efforts to help France contain the spread of COVID-19, the production lines of Christian Dior, Guerlian, and Givenchy, will manufacture and distribute free hand sanitizer to French health authorities. Since the global spread…