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Questions answered about how the right to disconnect laws will affect you

Questions answered about how the right to disconnect laws will affect you

Australia’s right to disconnect laws for non-small business owners have now come into effect.  It means Australians will have the legal right to ignore all work communications out of working hours when deemed reasonable.  So what does it mean and what are your rights? What is the right to disconnect? This means that outside their...

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Australians will soon have the right to switch off after hours — but it might not shift our ‘excessive’ work culture

Australians will soon have the right to switch off after hours — but it might not shift our ‘excessive’ work culture

Australia was once a pioneer of setting work limits.  In 1856, Victorian stonemasons won a world-first fight, demanding they work no more than eight hours a day.  But these days, Australians are putting in “extreme and excessive” working hours, experts say. New digital tools and flexible working models have created a culture where it Is...

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Unemployment rate climbs to 4.2 per cent in July with more than 58,000 jobs created

Unemployment rate climbs to 4.2 per cent in July with more than 58,000 jobs created

The unemployment rate has climbed to 4.2 per cent in July — its highest level since November 2021 — as Australia’s economy continues to slow down. Data from the Australian Bureau of Statistics showed more than 58,000 jobs were created last month, with the majority in full-time roles. However, the number of unemployed people grew...

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Hope for outback NSW miners as major mine bought by newly formed company

Hope for outback NSW miners as major mine bought by newly formed company

In short:  The CBH Resources Rasp Mine in Broken Hill has been sold to Broken Hill Mines Limited. The transfer has saved 120 workers’ jobs. What’s next?  CBH Resources says the new buyers will support a longer-term mine plan. Miners at CBH Resources’ Rasp Mine in Broken Hill have been told their fate after eight...

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ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

In short: ANZ is warning the labour market is poised to deteriorate sharply. Recruiters are reporting hundreds of applications for individual roles. What’s next? The RBA will have to sort through the evidence on unemployment before its next meeting in August. While the jobless rate has been slowly creeping higher, alarm bells are ringing about...

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AUD/USD gains ground near 0.6700 on upbeat Australian job demand

AUD/USD gains ground near 0.6700 on upbeat Australian job demand

AUD/USD finds interim support near 0.6700 on surprisingly upbeat Australian job growth. Upbear Australian labor demand has prompted prospects of RBA’s further policy tightening. US bond yields bounce back despite firm Fed rate-cut prospects. The AUD/USD pair manages to gain firm-footing near the round-level support of 0.6700 in Thursday’s European session. The Aussie asset discovers...

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Australian shrugs on mixed employment data

Australian shrugs on mixed employment data

The Australian dollar is showing limited movement on Thursday. AUD/USD is trading at 0.6736 in the European session, up 0.10% on the day, up 0.1% at the time of writing. Job growth shines but unemployment rises Australia’s employment report for June was a mix, leaving investors scratching the heads. The Australian dollar didn’t show much...

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Australian Dollar bounces off two-week low against USD after mixed jobs report

Australian Dollar bounces off two-week low against USD after mixed jobs report

The Australian Dollar gets a minor lift from the mixed Australian employment data on Thursday. The number of employed people rose by 50.2K, while the Unemployment Rate ticks higher to 4.1%.  The emergence of some USD buying keeps a lid on any meaningful upside for the AUD/USD pair. The Australian Dollar (AUD) has been trending...

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Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth

Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth

Australia’s unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs. Bureau of Statistics figures put the unemployment rate at 4.1 per cent in June, up slightly from 4 per cent the previous month. The bureau’s head of labour statistics, Bjorn Jarvis, said a slight increase in the proportion...

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Australian Unemployment Rate seen unchanged at 4% in June with solid job creation

Australian Unemployment Rate seen unchanged at 4% in June with solid job creation

The Australian Unemployment Rate is foreseen unchanged at 4% in June. Employment Change expected at 20K, down from the previous 39.7K. AUD/USD struggles to extend gains ahead of the announcement. With sentiment dominating financial markets, the Australian Bureau of Statistics (ABS) will release the monthly employment report on Thursday at 1:30 GMT. The country is...

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