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Page 357 - ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Queensland unemployment rate down, but still second-worst in the nation

Queensland unemployment rate down, but still second-worst in the nation
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

Aussies travelling overseas in 2020 - lowest in decades: Australia

(a) Top 5 destination countries based on year ending December 2020. The median duration away for Australians was 17 days. Of the top 10 countries, those returning from India were away the longest (31 days), followed by China (28 days). The shortest durations were for residents travelling to New Zealand (11 days) and Indonesia (10 days). /ABS Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why? Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don t put up a paywall – we believe in free access to information of public interest.

Net overseas migration swings sharply into negative

MacroBusiness Access Subscriber Only Content Yesterday, the Australian Bureau of Statistics (ABS) released Overseas Arrivals and Departures data for December, which confirmed that net migration into Australia has swung sharply negative. Australia has lost nearly 19,000 net permanent & long-term arrivals since the pandemic hit in March 2020 – the first time net arrivals have been negative since the data series began in 1976: Accordingly, annual net arrivals plummeted to only 96,700 in the 2020 calendar year, the lowest level since 1999: As shown in the next chart, there is a strong correlation between the ABS’ monthly net permanent & long-term arrivals data and the official quarterly net overseas migration (NOM) data, which is only current to June 2020:

Scott Morrison apologises to woman who was allegedly raped in Australian Parliament, probe underway

Successful JobKeeper Program Has to End in March: Frydenberg

Successful JobKeeper Program ‘Has to End’ in March: Frydenberg Australian Treasurer Josh Frydenberg remains firm that the JobKeeper wage subsidy “has to end” in March as planned. He said a Treasury review found JobKeeper is having perverse incentives on the employment market. In particular, it is preventing workers from moving freely between jobs. “This successful and expensive program must end, but other policies will fill that place,” Frydenberg said, referring to initiatives such as infrastructure and business incentives, and tax cuts. New figures show that 2.1 million workers and 520,000 businesses have left the wage subsidy scheme since September. with Frydenberg writing in a post on Twitter, “This is good news – Australians across the nation are getting back to work & our economic recovery is well underway.”

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