More rate cuts expected as Australian unemployment heads for 11-year high
Category: NEWSPAPER ARTICLES, Uncategorized
Martin Farrer theguardian.com, Tuesday 8 April 2014 15.51 AEST Australia’s sluggish economy could need further rate cuts by the end of the year as unemployment looks set to hit an 11-year high, economists have warned. Business confidence fell from seven points in February to four in March, according to the National Australia Bank monthly survey on Tuesday. Business conditions remained subdued but lifted slightly to one point in March. Optimism was at its lowest level since
Unemployed say false job ads lead to heartache as agencies push them into training, not work
Category: NEWSPAPER ARTICLES
April 06, 2014 Stephen Drill News Limited JOBSEEKERS are angry that job agencies are advertising for staff without having positions to fill, as the fight for work in Victoria intensifies. And the ACTU and charity group Vinnies have raised concerns about unemployed people getting pushed into training that does not lead to genuine jobs. Victoria is now the hardest places to get a job in Australia, with almost nine unemployed people for every vacancy.
By Angus Whitley Apr 3, 2014 Bloomburg News Allen Rankin says living on Australian welfare payments designed to help him survive his mental disability instead left him contemplating suicide. Determined to shake off his depression, Rankin registered with an employment agency and landed a job last year at a metal components factory. Now he’s building a new life with plans to buy a car and find his own place to live. “I’ve been feeling alive
DAVID CROWE THE AUSTRALIAN FEBRUARY 12, 2014 12:00AM TONY Abbott has signalled that personal benefits could be scaled back in the May budget by declaring that “everyone” had to live within their means, amid signs yesterday of tough measures to repair the nation’s finances. As the government heralds the end of an “age of entitlement” in federal spending, the Prime Minister acknowledged that individual benefits would be under scrutiny just as much as those going
Prime Minister Tony Abbott’s plan to claw back $3 billion in family and welfare payments
Category: NEWSPAPER ARTICLES
(AUU: Note, this ‘plan’ has passed both houses. See here for more details on bill. Unfortunately, the lack of reporting on this bill means this is the most up to date article on the subject. Strange.) RENEE VIELLARIS THE COURIER-MAIL DECEMBER 03, 2013 READERS have reacted angrily to Abbott Government moves to claw back almost $3 billion in family and welfare payments under laws to tighten eligibility. Pensioners, students and families have been included in