Wild jobs data warrants a rethink

Adam Creighton looks behind numbers of this months massive job rise.

Unions warn on 457 visa changes

by AAP
Relaxed English requirements for 457 visas could endanger workers, unions claim.

The rise of robotics will thin out the middle class

Rather than simply destroying jobs, robotics will polarise the labour force by reducing wages in a number of sectors, thereby diminishing the middle class -- and the trend has already started.

How miners can beat the end of the boom

Australian miners are among the least efficient in the world. That leaves enormous scope to boost profits by investing in new technologies and lifting productivity.

Two charts that show the world's economy is thriving

Policymakers are thrashing about with concerns about a weak global economy but these two charts prove they are wrong.

What are human beings going to do?

The digital revolution is laying claim to a rapidly expanding number of jobs, with the collision between job intensity and productivity unlike anything we've ever seen. What does this mean for young people?

Women 'work harder for recognition': Westpac

by AAP
Survey finds men more than twice as likely to see gender as advantage in workplace.

The US bull market has further to run

The magic dust of modern business, digital technology, has flooded big US companies with excess cash and lifted sustainable price-to-earnings ratios. The S&P 500 could easily crack 2500.

Why Australia is losing its competitive edge

Sitting back and waiting for policy settings to ‘fix’ the exchange rate and high wages won’t do much to resolve Australia’s productivity crisis. Businesses must step up their investment or fall behind.

PPL scheme benefits questioned

Govt defends leave scheme after PC report suggests diverting $1.5bn to childcare.

Microsoft's mobile phone failure

Satya Nadella's vision to angle a leaner Microsoft towards 'productivity and platforms' is unconvincing without a strong slice of the mobile market.

Foreign investment laws ‘restrictive’

Productivity Commission calls for holistic review of nation’s foreign investment rules.

The ACCC is sending out mixed signals on competition

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In attempting to broaden the scope of what it calls 'anti-competitive' activity, Rod Sims could end up killing the very competition that is good for the market, the economy, and ultimately consumers.

Clouds still hover as Britain gets back to work

While the Bank of England will welcome a sharper-than-expected fall in UK unemployment, low productivity growth and negative real wages present a more sober picture for the broader economy.

The paradox of productivity

An improvement in productivity benefits the nation as a whole, but for the individual it means longer hours and more stress as short-term personal wellbeing is sacrificed for the greater good.

Australians spend record $3.19bn on software

GDP figures show first-quarter sales are 8.9 per cent higher than last year, seasonally adjusted.

Minimum wage to lift 3%

Fair Work Commission announces increase of $18.70 per week to low-paid workers.

ACTU to fight for penalty rates

by AAP
Trade unions slam ACCI's calls for changes to current penalty rate regime.

Robb taps corporates for advice

Business advisers assembled for Australia's first trade and investment council.

Corporate ignorance is threatening Australia's future

Companies' overemphasis on yield and short-term incentives could come at a great cost as the failure to invest in productivity jeopardises the nation's growth.